🌍 BBC News

Netanyahu is defending Israel's military campaign and delegates walked out of the UN General Assembly before his speech even finished, with him calling them "moral cowards" for leaving. The diplomatic split is the part markets care about, since it signals no near-term off-ramp in a region sitting right next to the Strait of Hormuz, so traders are quietly adding a bit of supply risk back into crude. Gold keeps catching safe-haven bids every time this story escalates, and it gets another leg up if the dollar firms on risk aversion. Crypto takes the other side — BTC and the majors usually sell off first on escalation headlines, especially on thin liquidity, then stabilise once the tape settles.

$XAU $OIL $BTC

#GeopoliticsMarkets #SafeHaven