Ukraine President Zelensky also said Ukraine had shared intelligence with Middle Eastern leaders about Russian help to Iran, including potential targeting assistance for attacks on U.S. and allied military bases in the region

This development highlights a potential escalation in geopolitical tensions, which may impact market sentiment broadly, especially in energy and safe-haven assets like gold. The mention of targeting U.S. and allied military bases could lead to increased risk aversion, potentially strengthening the USD while pressuring commodity prices. Traders should watch for reactions in energy markets, given concerns about regional security.