Iraq’s Civil Aviation Authority announced on Monday that the country’s airspace is once again open to commercial flights, ending a 72-hour shutdown triggered by Iranian missile strikes on Israeli territory. The closure, which began on June 6, had grounded flights across Iraq and disrupted routing through neighboring Syrian and Iranian airspace as well.
The reopening came after Iran signaled it was halting military operations against Israel, a development that, if it holds, could mark a meaningful inflection point for both traditional and digital asset markets that have been rattled by the escalation.
What happened and why it matters beyond the Middle East
Iran launched missile strikes against Israel in early June, prompting Iraq to shut down its airspace as a precautionary measure. The strikes represented the first direct military exchanges between the two nations since an earlier ceasefire had been in place.
Iraq’s ICAA said it would continue to “monitor and assess the regional situation” even as it lifted restrictions.
