Saudi Airport Attack Halts Operations Amid Rising Regional Tensions

Najran Airport in Saudi Arabia suspended services after a Houthi drone strike hit its main radar, marking a significant escalation in the conflict between Saudi Arabia and the Iran-backed group. The Houthis, who previously declared a maritime blockade and claimed attacks on oil infrastructure, linked the strike to broader US-Iran tensions. This renewed fighting in a major crude-exporting region could introduce a geopolitical risk premium to crude oil prices. For Pakistani investors, such regional instability typically boosts safe-haven demand for gold and could exert upward pressure on international bullion rates.

بحوالہ / Source: www.brecorder.com