Two Israeli officials told Jerusalem Post they assess that the Iranian strikes toward the UAE were “warning shots,” intended to demonstrate capabilities to the US, Amichai Stein reports

The assessment that Iran's strikes toward the UAE are merely 'warning shots' suggests a temporary restraint from further escalation. This implies a stabilizing effect on regional tensions, which could be supportive for risk assets and commodities like oil and gold, likely calming markets concerned about broader conflict implications. Traders should watch for any shifts in sentiment or unexpected developments, as geopolitical dynamics can change rapidly.