Source Link
Excerpt:
Yemen is witnessing a sharp escalation in political violence amid a significant drop in fuel imports to Houthi-controlled territories, raising concerns over humanitarian fallout and regional stability.
According to recent reports, the Saudi-backed Yemeni government has suspended approvals for fuel shipments destined for the port of Hudaydah, a key entry point for supplies into northern Yemen.
As of late June, over 20 fuel tankers carrying approximately 500,000 metric tons of fuel were stranded in the Coalition Holding Area in the Red Sea, awaiting clearance.
The move follows allegations that the Houthis misappropriated 45 billion Yemeni rials from a special account at the Central Bank’s Hudaydah branch, diverting funds to support their military operations.