Houthis Attack Riyadh Airport Damaging Aircraft; Saudi Airlines Evacuate $4B Fleet

English summary

Yemen's Houthis launched consecutive attacks on King Khalid International Airport in Riyadh, killing at least 15 and injuring over 300, damaging multiple aircraft. Major Saudi airlines urgently evacuated dozens of planes worth approximately $4 billion to safer areas, with airport closures extended until October 17. The incident heightens Middle East supply concerns and war insurance costs, keeping Brent crude near highs of $104-106.