Low impact
Iran's military said its air defense shot down a US 'Lucas' drone near the southern city of Bandar Abbas.
Jin1010/25, 02:21 PM
Market impact
Which way this story pushes each asset. An inference from the story, not a measured move.
Gold
Would push up
IntradayLow confidence
Military escalation near Iran raises safe-haven demand for gold
WTI
Would push up
IntradayLow confidence
Shoot-down near Bandar Abbas raises Strait of Hormuz oil supply-risk premium
What could change this
If tensions de-escalate without further incident, the risk premium could fade.
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