News Yemen: Bitcoin & XRP Fall as Yemen’s Houthis Strike Saudi Tankers in Red Sea amid US-Iran War
Yemen’s Houthis attacked Saudi oil tankers in the Red Sea and intercepted multiple commercial vessels amid escalating US-Iran war. Oil prices have climbed further due to disruptions in the Red Sea and the Strait of Hormuz, causing Bitcoin and XRP to pare gains. Ad Ad Yemen’s Iran-Aligned Houthis Disrupt Oil Supply in Red Sea Yemen’s
News Yemen: Yemen faces economic freefall and devastating aid crisis after a decade of conflict — Oxfam
A decade after a Saudi-led coalition intervened to restore the internationally recognized government of Yemen to power, the country remains deeply divided, facing economic freefall and a devastating ...
News Yemen: Cash shortages grip Yemen despite currency stabilisation
Mukalla, Yemen – The Yemeni government's measures to curb the devaluation of the Yemeni riyal have finally borne fruit, but they have created another problem: A severe liquidity crunch. The government ...
News Yemen: UN secures insurance to pump oil from decaying tanker off Yemen
The UN has secured insurance coverage allowing it to pump more than one million barrels of oil from a decaying tanker anchored off war-torn Yemen that poses the risk of a catastrophic spillage.The rusting FSO Safer, abandoned off the rebel-held port of Hodeida, has not been serviced since the Arabian Peninsula's poorest country plunged into civil conflict more than eight years ago.
News Yemen: UN secures insurance for high-stakes transfer of crude oil from dilapidated tanker in Yemen
The United Nations Development Program has obtained insurance coverage to initiate a transfer of 1.1 million barrels of crude oil. The oil comes from a deteriorating tanker anchored near the ...
News Yemen: Houthis Attack Saudi-Backed Forces in Yemen, Escalating Tensions
(Bloomberg) -- The Houthi militant group said it conducted a “large-scale” attack against forces from Yemen’s Saudi-backed government, raising concerns over a broadening of the US-Israeli war on Iran into a region-wide conflict.Most Read from BloombergIran Says Agreement on Hormuz Shipping Reached With OmanGoogle AI Veterans Depart During Seismic Leadership ShiftWhy Do Data Centers Use So Much Fresh Water?Microsoft’s AI Sales Mostly Come From OpenAI, Disclosures ShowOpenAI Models Joined Forces M
News Yemen: Yemen's Houthis Threaten New Oil Shock as Civil War Reignites
Yemen's Houthi Rebels are threatening to make the global energy crisis worse at the same time that the nation's own energy security is in dire straits. After four years of an unofficial truce and ...
News Yemen: Cryptocurrencies use massive amounts of power – but eco‑friendly alternatives come with their own risks
As the urgency of climate change ramps up, focus is increasing on digital currencies to address their environmental impact. According to industry forecasts, the global cryptocurrency market is ...
News Yemen: U.S. Targets Financial Network Backing Huthis In Yemen Through Sales Of Iranian Commodities
The United States has issued sanctions against 13 individuals and entities in Yemen and other countries that the Treasury Department says are responsible for providing millions of dollars’ worth of funding to Huthi rebels in Yemen from the sale of Iranian commodities.
News Yemen: Abu Dhabi to Fund $1 Billion Clean Energy and Grid Projects in Yemen
Abu Dhabi-based energy firm Global South Utilities (GSU) will implement solar, wind, and distribution networks expansion projects in Yemen worth $1 billion as the United Arab Emirates continues to fund energy projects in the war-torn country
News Yemen: Financial struggles burden Yemen’s army as soldiers wait for wages
Marib, Yemen – Inside a military facility on the outskirts of this western Yemeni city, soldier Suleiman al-Hajj sits beside two of his comrades in a sparse room where they spend most of their on-duty ...
News Yemen: Biden administration authorizes financial transactions with Yemen's Houthi rebels to let aid flow
London — The U.S. Treasury on Monday authorized almost all financial transactions with Yemen's Houthi rebels for the next month, effectively delaying the implementation of former Secretary of State ...
News Yemen: Yemen curbs currency slide but faces severe cash crunch, public struggles intensify
Measures introduced by Yemen’s internationally recognised government to stabilise the national currency have helped arrest the sharp fall of the Yemeni riyal, but have triggered a severe liquidity ...
News Yemen: Yemen food ships face mounting delays as conflict backs up deliveries
LONDON - Merchant vessels are taking weeks to deliver vital food supplies to Yemen as Saudi-led coalition warships search for arms bound for Iran-allied Houthi fighters and heavy fighting disrupts shipments in a worsening humanitarian crisis.
News Yemen: Yemen's food crisis deepens as banks cut credit for shipments
LONDON/ABU DHABI - Banks have cut credit lines for traders shipping food to war-torn Yemen, where ports have been battlegrounds and the financial system is grinding to a halt, choking vital supplies to an impoverished country that could face famine.
News Yemen: Israeli Airstrikes Hit Yemen, Killing 35 People and Injuring 131
Israeli airstrikes hit Yemen on Wednesday, killing 35 people and injuring 131. The strikes on the capital Sanaâa and the northern province of al-Jawf come a day after Israelâs strike on Qatar targeting senior Hamas leadership. Yemenâs Health Ministry said that Israel attacked civilian and residential areas in Sanaâa, as well as a government compound in al-Jawf province. Israeli Prime Minister Benjamin Netanyahu said that the strikes were in response to a Houthi drone attack that struck an
News Yemen: Yemen's main separatist group says it launched military operation in Abyan
DUBAI, Dec 15 (Reuters) - Yemen's main separatist group, the Southern Transitional Council, said they have launched a military operation in southern Abyan province. The STC has recently claimed broad control of Southern Yemen. (Reporting by Ahmed Elimam; Editing by Sharon Singleton)
News Yemen: What Are the 4 Rival Visions Splitting Southern Yemen After the STC Collapse?
Between Mujahid’s dream of a “State of Hadramaut” and Fatima’s vision of a south cleansed of northern influence lies a deeply fragmented Yemeni geography—one now divided not only by political parties, ...
