Central Bank Board Approves Measures to Strengthen Financial and Monetary Stability
The Board of Directors of the Central Bank of Yemen approved on Thursday a set of measures and directives aimed at improving institutional performance and reinforcing financial and monetary stability, concluding its sixth session of the year in the temporary capital, Aden, chaired by Central Bank Governor and Board Chairman Ahmed Ahmed Ghaleb.
Bahrain Says Air Defenses Intercepted and Destroyed Several “Treacherous” Iranian Air Attacks
The General Command of the Bahrain Defence Force announced on Thursday that Iran continues what it described as a systematic hostile approach through missile and drone attacks targeting civilians in the Kingdom of Bahrain.
Oil price tops $100 a barrel
Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.
Paris Saint-Germain Crowned UEFA Champions League Winners
French club Paris Saint-Germain claimed the UEFA Champions League title after defeating Arsenal 4-3 in a penalty shootout following a 1-1 draw in the final held at Puskás Aréna in the Hungarian capital, Budapest.
User Name: Password:
'Houthis fabricate shortage of oil products to bring in smuggled Iranian oil'
[01/07/2020 06:17]

ADEN-SABA
Yemen's Information Minister said on Wednesday the Houthi militia are fabricating a shortage of oil products in their areas of control to stir an international sympathy with them and get illegal fuel shipments from Iran to be brought into the country.

In a statement to Saba, Muammar al-Eryani said the militia are "causing long queues of vehicles to line up with one liter of petrol for YR1250 by barring the entry of hundreds of oil-laden tank trailers from government-held areas to their own areas."
By so doing the militia hope the international community will pressure for allowing oil shipments sent by Iran to be delivered to Hodeida Red Sea port under their control.

But "the blockage of smuggled Iranian oil has contributed to a recess in the Iranian financial support which Houthis use to finance what they call 'the war effort'."

Al-Eryani called on the international community and the UN Special Envoy to Yemen to set a limit to the criminal Houth practices against the public by allowing oil shipments coming from the government areas to enter the areas under the militia's control.


Central Bank Board Approves Measures to Strengthen Financial and Monetary Stability
Yemen and ESCWA Discuss Strengthening Cooperation on Development Policies
Water Minister, Partners Review Progress on Water and Sanitation Projects
Health Minister, WHO Review Measures to Enhance Disease Surveillance and Outbreak Response
Governor of Aden, Japanese Ambassador Discuss Support for Development Efforts
West Asia Journalists Union Condemns Killing of Yemeni Journalist Mohammed Aidha
Ambassador al-Toqi Calls for Flexible, Sustainable Funding to Strengthen Food Security
UN Honors Yemen's Ambassador to Washington Among Leading Arab Women Diplomats
Minister of Planning Discusses Strengthening Partnership, Supporting Development Sectors with Save the Children Country Director
Republican Decree Forming Supreme Tender, Auction Committee Issued

About Saba News Agency | Usage Agreement | Contact Us