Kuwait's army says air defences are confronting enemy missile and drone attacks
Newsquawk Staff ·
Kuwait's army says air defences are confronting enemy missile and drone attacks.
What it means
Kuwait's military announcement regarding missile and drone attacks introduces notable geopolitical tension in the region. The situation could elevate risks in oil prices and prompt safe-haven demand for assets like gold and USD, particularly if escalations continue or spread to neighboring areas.
Sources
- US EQUITY OPEN: Indices rangebound ahead of FOMC and major earnings
- Russia's Kremlin says European representatives will not participate in trilateral talks on Ukraine, according to Interfax
- Al-Mayadeen correspondent in Iran says Iranian officials believe that Trump wants to bring the nuclear issue into the negotiations, which Iran rejects
- No exact dates have been set for Ukraine talks in Abu Dhabi, with preparations still underway, TASS sources say
- Ukrainian President Zelensky says negotiations between Ukraine, Russia and the US could take place as early as November 10th
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