Rockets reportedly launched from Iraq's Mosul towards US military base in Northeastern Syria, according to Iraqi security sources
- Air defences shoot down an explosive drone over US consulate in Iraq’s Erbil.
Context
The launch of rockets from Mosul towards a US military base indicates escalating tensions in the region, which could have broader implications for US military presence and strategy in the Middle East. With air defenses intercepting drones, this suggests increased risks to US assets, potentially influencing market sentiment towards safe-haven assets such as gold and the US dollar in reaction to geopolitical instability.
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