The UK Maritime Trade Operations group said no incidents were reported in the Persian Gulf and Gulf of Oman between noon Eastern time Sunday and noon Monday, via CBS

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Context

The absence of reported incidents in the Persian Gulf and Gulf of Oman suggests a temporary easing of geopolitical tensions in a critical shipping route. This stability could support risk appetite, positively influencing currencies like the GBP and JPY relative to the USD as markets may react favorably to reduced disruption risks.

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