The Saudi-led coalition announced it successfully intercepted and destroyed a ballistic missile launched by Yemen’s Houthi movement aimed at Riyadh. The missile was neutralized before reaching the Saudi capital, although explosions and aerial-threat warnings were reported in the area. This incident underscores ongoing military tensions in the region, as the Houthis have persistently targeted Saudi infrastructure with missile and drone attacks. Markets show an increase in airspace safety contract pricing, reflecting heightened geopolitical concerns and the potential for further airspace restrictions.
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