Russia fired at least 800 drones in a massive daytime barrage on about 20 regions of Ukraine on Wednesday, according to NBC

Context

The significant drone barrage by Russia, impacting around 20 regions in Ukraine, indicates a marked escalation in hostilities. This development may heighten tensions in the region, potentially affecting safe-haven assets like gold and the stability of currencies tied to geopolitical risk. Traders should consider the implications for energy prices as conflicts often disrupt supply chains and production in the area.

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