Saudi Ministry of Defence announces interception and destruction of four ballistic missiles launched towards the Riyadh region

The interception of ballistic missiles towards Riyadh indicates a significant escalation in regional tensions, potentially impacting oil markets and broader risk sentiment.

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This event may also prompt a reassessment of geopolitical risks among investors, with a focus on safe-haven assets like gold and currencies. Traders should watch for volatility in energy prices and regional equities as the situation develops.

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