Following Israeli-US airstrikes on Iran, Iran launched retaliatory missile attacks across the Gulf, with Dubai experiencing significant damage. Explosions were reported near the Burj Khalifa and a five-star hotel on Palm Jumeirah, while supply chain disruptions emerged as suppliers delayed restocking. Gulf nations, including the UAE, intercepted incoming missiles, but the attacks mark a critical escalation in regional tensions. This development could disrupt global oil markets, given the Gulf's strategic role in energy production, and may trigger increased volatility in Middle East-focused equities and commodities. Traders should monitor further military actions, diplomatic responses, and potential sanctions, which could impact risk-on assets and safe-haven demand. The conflict's escalation poses immediate risks to Gulf economies, particularly Dubai, a hub for CFD brokers and international finance. Disruptions to trade, tourism, and investor confidence could ripple through regional markets. For MENA investors, the situation underscores the importance of hedging against geopolitical shocks and reassessing exposure to Gulf-based assets. Central banks and regulators may also face pressure to stabilize markets, with potential policy shifts affecting currency valuations and capital flows. Key assets to watch include oil prices, which are sensitive to Gulf instability, and the UAE Stock Market, reflecting regional economic sentiment. Gold and U.S. Treasuries may see increased demand as safe-haven assets. Traders should also track statements from OPEC+ and the Fed for guidance on how global monetary policy might adapt to the crisis. The situation remains fluid, with further military or diplomatic developments likely to drive market movements.