Blockade Entrenches

The most likely path is a prolonged siege in practice, even as Houthi officials continue to deny that Taiz is cut off. UN OCHA and local health authorities would keep documenting shortages, but neither side makes the political concession needed to reopen the Taiz-Aden route.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.