Limited Saudi campaign

Saudi Arabia keeps up a contained air campaign against Houthi missile and drone sites, with U.S. and UK refuelling support but no direct Western combat role. This is the most likely path because Riyadh wants deterrence after the Riyadh strike while Washington and London try to avoid a wider regional war.

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