Russia's Ministry of Defence reports that air defence forces have downed 45 Ukrainian drones over Russian regions overnight

The reported downing of 45 Ukrainian drones by Russian air defense could escalate tensions in the ongoing conflict, potentially impacting global markets, particularly in energy and safe-haven assets like gold. As geopolitical risks rise, traders may seek refuge in havens and could see increased volatility in the commodities and forex markets. This escalation could affect energy prices, given the conflict's implications on supply stability in the region.