Kuwait's Al Zour power plant was targeted in a drone attack, Mehr reports
The drone attack on Kuwait's Al Zour power plant raises concerns about regional security and could lead to increased tensions in the Gulf.
Japan is reportedly to relax rules surrounding bank lending for M&A and incentivise pension funds to invest more in alternative assets
Worldpanel announces grocery inflation and sales (w/e 12th July): Grocery Inflation 2.6% (prev. 3%)
Kuwait's Al Zour power plant was targeted in a drone attack, Mehr reports
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Yemeni Houthi commander says Saudi Arabia faces two options: either lift the blockade and stop its intervention or continue escalating, which will cost it a lot, Al Mayadeen reports
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This situation could affect oil prices and heighten demand for safe havens like gold and the USD. Investors should monitor the developments closely, as further escalation could disrupt supply chains or impact energy markets.
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