US diplomatic facility close to Baghdad airport is being targeted with rockets

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US diplomatic facility close to Baghdad airport is being targeted with rockets

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Context

This development indicates an escalation in tensions near a key US diplomatic facility, which could raise concerns about security in the region and impact oil prices as well as broader market sentiment. Traders should watch for moves in safe-haven assets like gold and the US dollar, as well as volatility in oil markets that may respond to heightened geopolitical risks.

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