"Loud explosions heard in Erbil", according to Al Jazeera
Newsquawk Staff ·
"Loud explosions heard in Erbil", according to Al Jazeera.
What it means
The reports of loud explosions in Erbil may indicate a significant escalation in regional tensions, particularly given the strategic importance of the area. Traders should monitor how this situation evolves, as it could lead to volatility in oil prices and safe-haven assets like gold or the USD, depending on the nature and source of the explosions.
Sources
- US EIA Weekly Crude Production 13.992M (Prev. 13.269M)
- US EQUITY OPEN: Indices rangebound ahead of FOMC and major earnings
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- 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
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