N12's Segal posts that, in reference to the potentially hijacked plane, that the aircraft has not made contact since the beginning of the incident. "This appears to be an extremely serious incident"

The phrasing, loss of contact since the start of the incident and an 'extremely serious' assessment, is directional rather than confirmed, and past episodes of this kind have repeatedly swung between genuine security events and false alarms or communication failures. The established market pattern for unconfirmed aviation-security scares is a knee-jerk haven bid, gold and the yen first, with crude sensitive to whether the incident touches a major producing region or airspace, followed by partial retracement once official confirmation or denial lands. The distinction that matters is between an isolated criminal or aviation event and one with state or militant attribution, since only the latter has historically sustained a geopolitical risk premium beyond the initial hours. The tells to come are official acknowledgment from the relevant aviation or security authorities, identification of the aircraft and its route, and whether other outlets corroborate the hijacking framing. Until confirmation, this is a single-source headline in a tape already primed for regional escalation headlines, and prior form argues for treating the initial risk-off impulse as conditional.