The Israeli Defense Forces (IDF) confirmed on Sunday that Iran continued launching missiles toward Israeli territory, with defense systems actively intercepting incoming threats. The IDF stated in a social media post that its air defense systems are operational to neutralize the attacks, emphasizing preparedness against potential escalations. This marks the latest development in the ongoing tensions between Israel and Iran, which have periodically flared since 2020. The situation could impact global markets, particularly commodities and risk assets. Geopolitical tensions often drive investors toward safe-haven assets like gold and the U.S. dollar. Oil prices may also rise due to regional instability affecting Middle East energy infrastructure. Traders should monitor further military movements or diplomatic responses from key players like the U.S. and Gulf states. For MENA investors, the conflict highlights vulnerabilities in regional security and energy markets. Oil price volatility could affect Gulf economies reliant on hydrocarbon exports. Investors should track statements from OPEC+ and central banks in the region. The broader market may see increased volatility in equities and forex pairs like EUR/USD if tensions escalate further.

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