Rockets launched from direction of Kuwait hit house in Khor al-Zubair near Iraq’s Basra, kill three people and death toll could rise
Context
The rocket attack from Kuwait into Iraq's Khor al-Zubair marks a significant escalation in the geopolitical tensions of the region. This incident could fuel concerns over regional stability, likely affecting assets like oil and safe havens, while the potential for retaliation or wider conflict might increase volatility in markets both during the EU and US sessions.
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