Houthis Demand $51 Billion, Saudi Recognition to End Attacks, WSJ Reports
The rebels say the payment would cover war damage and blockade costs, while Saudi officials fear concessions could invite more attacks and demands.
- On Thursday, the Houthis demanded $51 billion in compensation and official Saudi recognition of their authority over Yemen as conditions for ending attacks against Saudi Arabia, The Wall Street Journal reported.
- Following Houthi attacks on Red Sea tankers, Saudi officials approached the group to explore ending the conflict, which involves control of territory near the Mandeb Strait.
- The Houthis seek $51 billion to cover reconstruction costs and compensate for damage attributed to years of Saudi-led airstrikes and a prolonged blockade.
- Granting these demands would require Riyadh to formally acknowledge the group as the legitimate governing authority and withdraw support for the internationally recognized Yemeni government.
- Unwilling to accept the arrangement, Saudi Crown Prince Mohammed remains cautious about military risks, citing concerns that a ground offensive in Yemen could cause substantial casualties and domestic opposition.
40 Articles
40 Articles
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$51 billion for peace? Houthis' hefty terms for ceasefire with Saudi Arabia
The Houthis demanded USD 51 billion and recognition as Yemen's rulers after Saudi Arabia sought to halt renewed attacks. The ultimatum deepens Riyadh's military dilemma as the rebels advance towards Aden and target vital infrastructure.
The Yemeni Houthi movement has demanded that Saudi Arabia pay tens of billions of dollars to conclude a peace agreement and end the fighting. Saudi Arabia asked the Yemeni rebels to discuss the terms of the cessation of hostilities after attacks on Saudi oil tankers in the Red Sea and the seizure of territories near the Bab el-Mandeb Strait. In response, the Houthis demanded $51 billion, writes The Wall Street Journal. This amount, according to …
Elena Panina: WSJ: Houthis billed Saudi Arabia for $51 billion
WSJ: Houthis billed Saudi Arabia for $51 billionAfter the Iranian-backed Houthis in Yemen attacked Saudi oil tankers in the Red Sea and seized territory controlling the strategic Bab al-Mandeb Strait, the kingdom contacted the group to...
Houthis demand USD 51 bn, Saudi recognition to end attacks
Yemen’s Iran-backed Houthi rebels have demanded USD 51 billion in compensation and formal recognition of their authority over Yemen in exchange for ending attacks on Saudi Arabia, The Wall Street Journal (WSJ) reported on Thursday, November 5, citing people familiar with the discussions. The demands emerged after Riyadh approached the group to explore the possibility … Get the latest updates in Hyderabad City News, Technology, Entertainment, Spo…
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