Politics2 sources
Saudi Arabia Thwarts Missile Strike on Medina; IMF Supports Economy
- Saudi Arabia thwarted a missile strike on the holy city of Medina.
- The Saudi-led coalition was responsible for intercepting the missile attack.
- The International Monetary Fund (IMF) reports that Saudi Arabia's fiscal buffers are helping to mitigate economic damage.
- Backup oil-export facilities are also aiding in reducing the economic impact from the Iran war.
- Saudi Arabia is the largest economy in the Middle East.