"Saudi Crown Prince condemned, during a phone call with the President of the UAE, the unjustified Iranian attacks that targeted the UAE"; said the Kingdom "by the UAE in its defense of its security and stability", Sky News Arabia reports
Context
The condemnation from the Saudi Crown Prince signals heightened tensions in the Gulf, particularly regarding Iranian aggression. This could impact regional stability, making assets like oil, gold, and safe-haven currencies more attractive as investors seek protection from potential escalation.
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