US President Trump says has been briefed on downed jet in Iran, CNN reports

The downing of a jet in Iran introduces significant geopolitical tension, potentially influencing market sentiment across various asset classes.

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Iranian Senior Security Official says can sustain Strait of Hormuz closure for years, will cut US military logistics, Press TV reports

Explosions reported in Abu Dhabi and Dubai, according to Fars News citing Arab media

US President Trump says has been briefed on downed jet in Iran, CNN reports

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Traders should be alert to implications for commodities like oil and gold, as well as safe-haven currencies such as the USD and JPY, which could see heightened demand amidst uncertainty. Monitor the situation for potential escalation or impact on broader risk sentiment, as this could shift the market dynamics significantly.

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