Italy announces that its military base in Iraqi Kurdistan was attacked, but no casualties were reported, Al Hadath reports

The attack on Italy's military base in Iraqi Kurdistan highlights rising tensions in the region, although the absence of casualties may mitigate immediate concerns for broader conflict escalation.

Newsquawk StaffPublished 12 Mar 2026, 07:05 UTCOn the live feed at 06:45 UTC — 6 more headlines followed before this page went public

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07:00

Newsquawk Daily European Equity Opening News - 12th March 2026

07:00

Swedish Inflation Rate YoY Final (Feb) Y/Y 0.5% vs. Exp. 0.5% (Prev. 0.5%)

06:45

Italy announces that its military base in Iraqi Kurdistan was attacked, but no casualties were reported, Al Hadath reports

06:37

Honda Motor (7267 JT) revises guidance: now projects a FY25/26 loss of JPY 420bln-690bln (vs prior exp. JPY 300bln profit); losses amid asset write-offs on cancelled EV models

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Saudi Ministry of Defence says they are intercepting a drone heading to the Shaybah oil field, Sky News Arabia reports; reports suggest the interception was successful

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Traders should monitor how this situation could affect oil prices, regional security dynamics, and potential shifts in military engagements, which could influence market sentiment and safe-haven flows. The read-through for affected assets, such as oil or gold, could become more pronounced if further developments arise.

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