Ethiopian drones strike Eritrean forces near Adigrat

Ethiopian drones have struck Eritrean forces near the city of Adigrat in northern Tigray. This escalation in tensions between Ethiopia and Eritrea raises concerns about the potential for a new regional conflict. The situation has significant implications for the global economy, particularly for markets that trade with countries in the region, as it could disrupt trade routes and lead to increased instability in the Horn of Africa.

Why it matters

Ethiopian drones striking Eritrean forces raises fears of a new regional war. This escalation could lead to increased instability and uncertainty in the region, affecting investor sentiment and risk appetite.

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