Majority of drone + missile attacks on Saudi Arabia since Iran war came from Iraq, diplomatic & Iraqi official sources tell Al Monitor
This headline suggests an escalation of tensions, as the majority of drone and missile attacks on Saudi Arabia have operational bases in Iraq, reflecting a possible shift in regional dynamics.
CRUDE WRAP: WTI (N6) SETTLES USD 3.36 HIGHER AT 104.38/BBL; BRENT (N6) SETTLES USD 2.84 HIGHER AT 112.10/BBL
Air defences activated on Qeshm Island near Strait of Hormuz, Mehr News reports
Majority of drone + missile attacks on Saudi Arabia since Iran war came from Iraq, diplomatic & Iraqi official sources tell Al Monitor
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The implications could be significant for oil prices, especially WTI, as increased hostilities may raise concerns over supply disruptions, potentially leading to a flight to safe-haven assets.
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