Saudi Ministry of Defence says they are intercepting a drone heading to the Shaybah oil field, Sky News Arabia reports; reports suggest the interception was successful

This report signifies heightened tensions in the Gulf region, particularly affecting energy security. The successful interception of a drone targeting the Shaybah oil field may reassure markets temporarily, but ongoing geopolitical risks could keep oil prices elevated, especially if similar threats persist or escalate. Traders should be alert to volatility in oil markets as sentiment around supply risks fluctuates.