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Saudi Arabia Reportedly Offers Houthis $1 Billion in Iran-Brokered Talks

The proposed deal would fund Houthi salaries and infrastructure repairs if the group stops attacks on Saudi territory, Israeli media reported.

  • On Tuesday, Saudi Defence Minister Prince Khalid bin Salman travelled to Tehran for Iran-brokered talks, reportedly offering $1 billion to Yemen's Houthi group to secure a ceasefire and halt attacks on the kingdom.
  • Disputes over understandings reached three years ago prompted current tensions, as Houthis justified recent "attacks" by alleging Saudi Arabia reneged on previous financial commitments intended for public-sector salaries.
  • Rejecting "military blackmail," Saudi Arabia opposed fund transfers until the Houthis return territory seized from the internationally recognized government backed by Riyadh.
  • Marking the first official meeting between the Mecca Joint Defence Alliance and Iranian leadership, the Tehran summit included Pakistan's Army Chief Field Marshal Asim Munir and Turkish intelligence chief Ibrahim Kalin.
  • Seeking to position itself as a regional diplomatic mediator, Iran is promoting a security framework led by regional powers while opposing military intervention by the United States or Israel.
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Saudi Arabia's Defense Minister Prince Khalid bin Salman has traveled to Iran to negotiate a ceasefire with the Houthis. Sources say a $1 billion offer has been made. This diplomatic effort is aimed at reducing tensions in the Gulf region and preventing attacks on Saudi oil facilities.

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  • 60% of the sources lean Right
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Israel Hayom broke the news in Israel on Monday, October 26, 2026.
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