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via business-standard.comPolitics

Saudi-led coalition intercepts two Houthi missiles fired towards Riyadh

FROM THE WIRE · BUSINESS-STANDARD.COM

Saudi Civil Defence had issued an alert in the Riyadh region shortly before the booms, a Reuters witness said. Authorities later announced that the risk of danger had passed

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralMissile escalation near Riyadh can raise Middle East geopolitical risk premia, though the all-clear limits immediate impact on oil.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Saudi Civil Defence issued an alert in the Riyadh region shortly before the booms, a Reuters witness said.
  2. 02The Saudi-led coalition intercepted two Houthi missiles fired towards Riyadh.
  3. 03Authorities later announced that the risk of danger had passed.

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