Smooth Ratification

Turkey's parliament formally ratifies the Saudi defense pact with limited controversy, converting the already activated agreement into a clearer legal basis for deployments. This is the most likely path because President Recep Tayyip Erdogan's governing alliance has strong institutional control and the pact has already moved into implementation.

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