US military says it is aware of the loss of a US KC-135 refueling aircraft, while incident occurred in friendly airspace during Operation Epic Fury and rescue efforts are ongoing

Context

The incident involving the KC-135 refueling aircraft in friendly airspace highlights escalating military tensions or operational risks in the region. With ongoing rescue efforts, market participants may be sensitive to any further developments, which could impact risk sentiment and related assets such as oil and regional currencies.

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