UAE Ministry of Defence says air defences are dealing with missile and drone attacks

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UAE Ministry of Defence says air defences are dealing with missile and drone attacks

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Context

The news of the UAE Ministry of Defence responding to missile and drone attacks signals heightened regional tensions, which could lead to increased volatility in oil markets and safe-haven assets like gold. Traders should watch for market reactions as these developments may influence broader geopolitical stability and risk sentiment across asset classes.

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