Coordinated Deterrence Holds

Riyadh and Abu Dhabi translate the first post-rift defense talks into practical coordination on air defense, maritime surveillance, and Red Sea threat monitoring. This is the most likely path because both governments have strong incentives to contain Houthi attacks without reopening the Yemen rivalry.

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