US Embassy in Baghdad has told US citizens to leave Iraq with expectations of Iran-aligned militia to carry out attacks in central Baghdad within 24-48 hours
Context
The U.S. Embassy's advisory for citizens to leave Iraq amidst expected militia attacks signals increasing tensions in the region, which could lead to broader instability. This situation may impact oil prices and risk sentiment across markets as traders assess potential supply disruptions and safe-haven flows into assets like gold and the U.S. dollar.
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