Possible scenario
Damage Later Confirmed
15% Chance
A lower-probability but market-relevant outcome is that the initial no-damage assessment proves incomplete. Follow-up imagery, worker accounts, or government briefings reveal some damage to Bu Hasa-related infrastructure, though the scale remains well below a systemic Gulf supply shock in the base case.
Initial impacts
- Riskier companies' borrowing costs Up
- Market volatility Up
- 10-year Treasury yield Down
- Oil prices Up
- US dollar Up
Secondary impacts
- Energy +3.1%
Portfolio impact
S&P 500-1.6%
Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.
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