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Houthi attack on Saudi Arabia tests Mecca Defense Agreement as Hormuz odds fall to 16.5%

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  • Houthi forces attacked key Saudi infrastructure, testing the Mecca Defense Agreement.
  • 16.5% YES pricing now indicates normal Strait traffic by December 31.
  • The alliance links Saudi Arabia, Turkey and Pakistan amid the Yemen conflict.
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Houthi attack on Saudi Arabia tests Mecca Defense Agreement as Hormuz odds fall to 16.5% - CoinPost Terminal