Coalition Counteroffensive
0.0%
Saudi Arabia, the UAE-aligned STC, and the Yemeni government respond to the Aden attack with airstrikes and a limited ground counteroffensive. This would signal that Riyadh and Abu Dhabi are not prepared to let Aden fall, but it also increases the chance of Houthi retaliation around the Red Sea corridor.
What it moves
- Industrials+0.5%
- Energy+0.3%
- Market volatility
- Oil prices
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