Exports Stabilize

Saudi Arabia keeps the East-West Pipeline operating near the reported 3.5 million barrels a day, preserving a major Hormuz bypass and reassuring crude buyers. The most likely near-term outcome is that additional air-defense measures and repair work keep Red Sea export channels functional despite elevated security risk.

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