Second drone strike hits Iranian opposition camp north of Erbil, according to security sources

This second drone strike against the Iranian opposition camp highlights escalating tensions in the region, which could lead to broader geopolitical instability.

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Second drone strike hits Iranian opposition camp north of Erbil, according to security sources

Iraqi sources report hearing the sound of several explosions in Erbil, Iraq, Fars reports; drone strike hit Iranian opposition camp north of Iraq's Erbil

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Any increase in conflict may drive safe-haven demand for assets like gold or the dollar, and could also impact oil prices given regional supply concerns. Market participants should stay alert to further developments that might affect risk sentiment and asset flows.

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