Yemen, Islamic Development Bank Discuss Financing Gaps and Expansion of Development Support
Yemen and the Islamic Development Bank have discussed ways to expand development financing, accelerate stalled projects, and address Yemen’s outstanding financial arrears to the bank, in talks held on the sidelines of the bank’s annual meetings in Azerbaijan.
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.


Yemen, Islamic Development Bank Discuss Financing Gaps and Expansion of Development Support
Cabinet Reviews Service Reforms, Economic Challenges and Regional Developments
Masam Destroys Nearly 6,000 Landmines and Explosive Remnants in Bab al-Mandab
Khanbashi Calls for Expanded UNOPS Partnership to Advance Hadramout Development Priorities
Yemen's Ambassador Discusses with Speaker of Jordanian Parliament ways to e Enhance Cooperation in Parliamentary Fields
Saudi Program Highlights Development Projects in Yemen at 2026 Annual Meetings of Islamic Development Bank in Baku
Prime Minister Issues Package of Decisions to Strengthen Financial Reforms, Improve the Performance of Tax, Customs Authorities
Prime Minister Zindani Reaffirms Government Commitment to Higher Education Development
Yemeni Ambassador Discusses Bilateral Relations, Regional Developments with U.S. Senate Official
Prime Minister Zindani Reaffirms Government Commitment to Higher Education Development

About Saba News Agency | Usage Agreement | Contact Us