Kuwaiti army says their defences are currently intercepting Iranian missiles and drones
The report of the Kuwaiti army intercepting Iranian missiles and drones indicates a significant escalation in regional tensions and potential conflict dynamics in the Middle East.
A Saudi commercial vessel has caught fire in the Strait of Hormuz, after being struck by IRGC forces, reports Jerusalem Post
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Kuwaiti army says their defences are currently intercepting Iranian missiles and drones
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IRGC says it attacked on the drone maintenance and repair sheds of the US units stationed at Al-Sakhir Airport in Bahrain, which resulted in their destruction, Fars reports
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This could lead to increased volatility in oil prices and safe-haven assets like gold, as geopolitical risks heighten market uncertainty. Traders should watch for responses from broader markets and any changes in oil supply expectations.
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