Aden Comes Under Siege
−1.5%
Houthi forces press the advance into Aden’s approaches, creating a direct threat to the government’s last major southern stronghold. This would raise the risk of Saudi, Emirati, and possibly U.S. naval or air involvement around the Bab al-Mandab corridor.
What it moves
- Energy+2.1%
- Consumer Cyclicals−1.2%
- Riskier companies' borrowing costs
- Market volatility
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