Flights are scheduled to resume at Iran’s Qeshm International Airport on Wednesday, following a suspension caused by the ongoing conflict in the region. This development comes amid an active Iran-Israel war, which has seen intermittent de-escalation efforts and temporary restoration of certain civilian operations. The resumption of flights suggests a partial easing of local security conditions, although the broader conflict remains unresolved. Market pricing indicates a reduction in perceived risk for a full airspace closure, with odds falling to 5.5% from 8% twenty-four hours earlier. Market participants continue to monitor statements from Iran’s Civil Aviation Organization and geopolitical developments that could affect airspace status.
Source: Read the original article
