Houthis induce oil products crisis, says Economic Committee

Yemen: Supporting Yemeni state economically, politically is investment in security, stability of the world

The Republic of Yemen confirmed that the Houthi militias still constitute the greatest and most dangerous threat to the security and stability of Yemen, the region, the world and international navigation, and that the peace we seek cannot be built with militias that see war, chaos and destruction as a means of survival... underlining that supporting the Yemeni state economically, politically and security is a direct investment in the security and stability of the region and the world.

German Chancellor Says Europe Must Stand Strong

German Chancellor Friedrich Merz has called on Europeans to strive for greater autonomy, emphasizing the need for Europe to defend itself using its own capabilities, given the shift in transatlantic relations.

China's foreign exchange reserves rise to $3.3991 trillion

China's total foreign exchange reserves made $3.3991 trillion at the end of last January, marking an increase of $41.2 billion, or 1.23 percent, compared to the end of December last year.

Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh

Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.

Last Update: ، 2026/02/13 Time 10:56:39
Latest News:

Prime Minister receives UN Special Envoy to Yemen

Yemeni PM Receives Message from Polish Counterpart

Yemen joins Conference of Transport, Communications Ministers of OIC

Prime Minister meets with UNOPS delegation

Al-Khanbashi praises efforts of UNESCO, its interventions in Hadhramaut

Houthis induce oil products crisis, says Economic Committee

[12/03/2019 02:30]

ADEN-SABA
Yemen's national Economic Committee said the Houthis are inducing an oil products crisis to boost the sales of the commodity in the black markets that they run.

In a statement of which Saba received a copy today, the Committee said the coupist militia also aim to cause further deterioration in the country's humanitarian conditions to trigger international attention and political gains to their advantage.

The Committee said over the past months of 2019 it had issued docking permits to 396 tons in vessel shipments of oil products to meet the needs of only the Houthi-held areas, which is more than 53% of the total oil product shipments admitted into the whole country.