Saudi Arabia is hosting the World Energy Congress in Riyadh despite missile threats from the Iran-aligned Houthi movement. King Khalid International Airport in Riyadh remains closed after strikes that killed 13 people and injured over 300. Saudi Energy Minister Prince Abdulaziz bin Salman has emphasized that the kingdom’s energy and industrial development agenda remains on track. Markets are observing an increased perception of risk regarding Saudi airspace operations, with a heightened likelihood of partial or full closure by year-end.
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