Saudi Defence Ministry says six ballistic missiles were launched towards the Riyadh region, two drones were intercepted, and the rest fell in Gulf waters and uninhabited areas
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Saudi Defence Ministry says six ballistic missiles were launched towards the Riyadh region, two drones were intercepted, and the rest fell in Gulf waters and uninhabited areas
Former BoJ Governor Kuroda says there is no problem raising policy rate 3-4 times to around 1.5% through next year
Iranian Foreign Minister Araghchi says Iranian defence shall persist as long as needed
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Context
This headline reflects a significant escalation in regional tensions, highlighting military actions towards key urban areas. The immediate implication could raise concerns about security in the region and may lead to increased volatility in oil prices and safe-haven assets like gold, while also impacting regional currencies.
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