Ongoing US-Iran military tensions and a fragile ceasefire since April 2026 continue to shape airspace decisions, with Iran imposing a temporary western closure on November 14 amid reports of possible renewed strikes. Limited US operations against Iranian air defenses earlier in November, including on Qeshm Island, have sustained high alert status and GPS interference across monitored areas. European and US regulators maintain conflict-zone advisories through mid-November, while Iranian authorities issue targeted NOTAMs rather than blanket restrictions. Traders assess full closure risks against escalation signals, scheduled advisory reviews, and any new diplomatic or military moves within the resolution window.