Houthis Demand $51 Billion From Saudi Arabia to End Conflict
The rebels want compensation for years of war damage and formal recognition, while Saudi officials weigh talks against escalating military pressure.
- 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.
22 Articles
22 Articles
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…
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...
Foreign media reports have emerged that Yemen's pro-Iranian Houthi rebels demanded $51 billion (68 trillion won) from Saudi Arabia in exchange for halting airstrikes. The Houthis are continuously bombing Saudi territory supporting the Yemeni government forces and are putting strong pressure on Saudi Arabia by turning the tide of the war in their favor against the government forces. (Wall Street Journal)
Houthis Demand $51 Billion from Saudi Arabia to End Conflict
Yemen’s Iran-backed Houthi movement has demanded $51 billion in compensation and formal recognition as the country’s rulers in negotiations with Saudi Arabia aimed at ending hostilities, The Wall Street Journal reported on Thursday, November 5, citing people familiar with the discussions. The Houthis said the money would compensate for years of Saudi-led airstrikes and a […]
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