Houthi attack on Riyadh airport kills 13 during oil summit
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IMF Managing Director Kristalina Georgieva warned that Houthi strikes on Saudi infrastructure could trigger worldwide economic fallout, though she noted Saudi diversification has improved its resilience. The warning underscores escalating regional conflict spillover into energy markets, with further escalation risk high.
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IMF Managing Director Kristalina Georgieva has warned that Houthi attacks on Saudi infrastructure could trigger global economic fallout, primarily through rising energy costs. This assessment, made at the IMF/World Bank Annual Meetings, highlights growing concern over regional instability's impact on energy markets. While Saudi diversification has improved resilience, the risk of further escalation and market disruption remains high.
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