Russia says it downed 148 Ukrainian drones in three hours, according to Reuters
The downing of 148 Ukrainian drones by Russia in a short span signifies a heightened intensity in the conflict, which could escalate tensions further.
15 ships passed through Hormuz in 24 hours with permission from Iran, according to Fars
Three Gulf funds led by Saudi Arabia agree to back Paramount's (PSKY) USD 81bln takeover of Warner (WBD)
Russia says it downed 148 Ukrainian drones in three hours, according to Reuters
Bahrain calls on the UN to pass a resolution to reopen the Strait of Hormuz by force
Explosions reported at US-linked facilities in Abu Dhabi, according to Fars News Agency
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This may influence safe-haven flows into assets like gold and the JPY, while also posing risks to energy prices amid potential supply disruptions. Traders should monitor the situation closely, as any further escalation could impact market sentiment and geopolitical risk premiums across currencies and commodities.
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