Explosions were reported in Sanaa, Yemen, following airstrikes in the Houthi-held capital. Houthi-affiliated media suggest involvement by Saudi Arabia or Saudi-backed Yemeni forces. The strikes come amid ongoing hostilities characterized by cross-border missile and drone attacks. Market pricing reflects a 21% probability of Saudi airspace closure by January 1, 2027, indicating heightened regional security concerns. Observers are monitoring announcements from the Saudi General Authority of Civil Aviation and Saudi Air Navigation Services regarding potential airspace restrictions.
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