Saudi Arabia has announced that it will open its airspace to all air carriers, paving the way for flights between the Arab country and Israel.
Lifting the longstanding ban on Israeli planes flying over Saudi aerial territory is seen as improvement in relations between the two countries, which still do not have diplomatic ties.
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Political News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.