Riyadh airport hit for second time after deadly Houthi missile attack, Saudi-led coalition says

A projectile hit a passenger terminal at King Khalid international airport in Riyadh, causing a fire, the Saudi-led coalition in Yemen reported. This is the second attack on the airport in a short period, following a deadly missile strike by Yemen's Houthi rebel group that killed 12 people. The escalating attacks in Yemen threaten to draw more countries into the conflict, potentially destabilizing the Middle East.

Why it matters

The Houthi missile attack on Riyadh airport has escalated the conflict in Yemen, threatening to draw more countries in. This increased uncertainty and violence could lead to a decrease in investor confidence and a rise in risk aversion.

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