Around 60% of scheduled flights at Riyadh’s King Khalid International Airport were expected to be canceled on Monday following attacks by Iran’s-backed Houthis in Yemen. Weekend assaults killed at least 12 people and injured over 300 according to Saudi authorities. The strikes highlight security vulnerabilities in the region as airport operations remain disrupted. Market pricing now assigns a 19% probability to Saudi airspace closure by December 31. Observers should monitor announcements from the General Authority of Civil Aviation and Saudi Air Navigation Services for any policy changes.
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