An Iran-backed Iraqi militant group has claimed responsibility for downing a US military aircraft near the border with Syria, according to a Reuters report. The incident occurred amid heightened tensions in the region following recent US-Iranian confrontations. The group, which has not been named in the report, stated that the attack was a retaliatory measure against US military presence in the area. The US has not yet commented on the claim, but the incident could escalate regional hostilities. This development is likely to impact global markets, particularly US equities, as investors worry about potential military escalation and its economic repercussions. The S&P 500 and NASDAQ indices may face downward pressure due to increased geopolitical risk aversion. Oil prices could also rise if the conflict disrupts Middle East energy infrastructure or triggers a US military response. For Gulf investors, the situation underscores the fragility of regional security and its spillover effects on trade and investment. Key assets to monitor include US equity benchmarks, Brent crude oil, and the USD index. Traders should also watch for statements from the US Department of Defense and OPEC+ policy adjustments in response to the crisis.

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