UAE says air defence systems are currently responding to a missile threat
The UAE's announcement regarding its air defence systems responding to a missile threat suggests a potential escalation in regional tensions.
White House Press Secretary Leavitt says the US President has been made aware of the Pakistan proposal, and a response will come, Axios reports
Israel wants more time to degrade Iran as Trump pushes Tehran to strike deal to end war, Politico reports
UAE says air defence systems are currently responding to a missile threat
Sirens sounded in Bahrain, Interior Ministry says
[MARKET UPDATE]: As Pakistan PM requests Trump to continue Iran deadline for two weeks, seen broad risk-on trade as oil and spot gold jumps, T-Notes see upside, while oil tumbles and Dollar weakens
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This development could impact risk sentiment broadly, particularly in oil markets, as heightened geopolitical risks often lead to fears of supply disruptions. Traders should monitor related assets, such as oil and safe havens, for any significant price reactions.
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