● HOUTHI MISSILE STRIKE SHUTS RIYADH AIRPORT

A Houthi missile struck the domestic terminals at Riyadh's King Khalid International Airport on Saturday, forcing an evacuation and the cancellation of at least 225 flights in 24 hours. The strike came two days after a separate attack killed three Saudi citizens, including a pilot, at the same airport. Air India, Lufthansa, FlyDubai and Pakistan International Airlines have all suspended flights to Riyadh, raising the war-risk premium on Gulf air travel and on the oil exposure tracked by $BNO, as Saudi Arabia remains OPEC's largest producer.