Possible scenario
Prolonged Bargaining
−0.3%
The most likely non-deal path is a drawn-out negotiation in which the Houthis keep the $51B figure public to maximize leverage. Saudi Arabia avoids immediate escalation but refuses to validate a payment level that could invite future coercive demands.
What it moves
- Energy+0.6%
- Consumer Services−0.4%
- Market volatility
- Riskier companies' borrowing costs
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