Geopolitical tensions are increasing, which is having an effect on certain markets. Oil and gold prices have gone up as a result. This development is happening ahead of the release of key US inflation data.

Regional shares have also been impacted, with a slight increase reported. The situation is being closely watched, with many waiting to see how things will unfold.

Further information on this topic can be found in the Galveston County Daily News, which is reporting on the story as it develops.