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Breaking Posted 2 hours ago

Russian Warship Fires Warning Shots at UK Yacht in English Channel

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A Russian frigate reportedly fired warning shots near a UK-registered yacht off the Isle of Wight in the English Channel. The UK government has confirmed it is investigating the incident, marking a rare direct military confrontation in British territorial waters. GBP/USD and EUR/USD are the pairs to watch as this escalation raises UK-Russia geopolitical tensions. Sterling may face short-term safe-haven selling pressure, while demand for USD could rise if the situation escalates further.
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