Saudi Arabia crisis: Houthis seek $51 billion to end war, LIV Golf nears bankruptcy

Live updates

1. 1h ago

   Houthis seek $51 billion to end Yemen war, Saudi Arabia denies report

   The Houthis are demanding $51 billion to halt hostilities in Yemen, according to some reports. However, Saudi Arabia has denied these claims. The conflict in Yemen has been ongoing for years, with the Houthis and Saudi Arabia engaged in a complex and multifaceted war. A peace deal may be possible, but terms and conditions remain unclear.

   Why it matters

   The Yemen conflict has caused significant humanitarian suffering and economic damage. Saudi Arabia's involvement in the war has been widely criticized, and a peace deal could help alleviate some of the pressure on the kingdom. The Houthis are a powerful force in Yemen, and any peace agreement would need to take their interests into account.

   What is confirmed

   • Yemen has introduced new customs and import rules to target Houthi finances.
   • Saudi Arabia is considering a peace deal payout to the Houthis.

   Still unconfirmed

   • Houthis seek $51 billion to end war

   What to watch next

   • Saudi Arabia's official response to Houthi demands
   • Development of new customs and import rules in Yemen
   • Progress on a potential peace deal between Saudi Arabia and the Houthis
   Sources used for this update (5)

   1. WSJ — Saudi Arabia Has No Easy Choices as It Weighs How to Combat Houthi Threat
   2. The Jerusalem Post — Yemen targets Houthi finances with new customs and import rules
   3. The New York Sun — Saudis Consider Peace Deal Payout With Houthis
   4. Invezz — Saudi Arabia crisis: Houthis seek $51 billion to end war, LIV Golf nears bankruptcy
   5. Dawn — Saudi Arabia denies WSJ report claiming Houthis demanded $51bn to halt hostilities
   confidence 70%