Russian President Putin says Russia considers new restrictions on Cuba to be unacceptable, according to reports

Russian President Putin says Russia considers new restrictions on Cuba to be unacceptable, according to reports.

Putin's statement regarding new restrictions on Cuba may signal escalating tensions between Russia and the U.S., which could have broader implications for global geopolitical stability. This development could heighten risk aversion in markets, influencing flows into safe-haven assets like gold and potentially impacting currency markets, especially the USD and EUR. Traders should watch for potential volatility across currencies and commodities as the situation unfolds.