Oil and gold spiked, and cryptos (which lately sell off on literally any news) tumbled to session lows on a BBG report that European diplomats have "privately" warned Russia this week that NATO is ready to respond to further violations of its airspace with full force, including shooting down Russian planes, according to sources familiar with the exchange. According to the report, during a tense meeting in Moscow, British, French and German envoys addressed their concerns about an incursion by three MiG-31 fighter jets over Estonia last week. Following the conversation, they concluded that the violation had been a ... (full story)