Prolonged Coastal Stalemate

The general mobilization produces a larger Saudi-backed push, but Houthi forces retain key positions around Bab el-Mandeb and the coastal approaches to Mokha. This is likely because the Houthis already hold ground, have missile and drone leverage over shipping, and can force a costly fight without needing to defeat the mobilization outright.

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