Saudi-led coalition says a projectile struck passenger terminal at Riyadh airport

A projectile struck the passenger terminal at Riyadh airport, according to the Saudi-led coalition. This incident has raised concerns about the safety of air travel in the region and the potential for further disruptions to global air travel. The impact on the global economy is uncertain, but any disruption to air travel can have significant effects on trade and commerce, particularly for industries that rely on international shipping and transportation.

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A projectile strike on a major airport raises fears of escalation. That could hurt investor sentiment and pull out foreign capital.

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