Yemen to Resume Oil Exports After Nearly Three-Year Suspension
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5 Articles
Yemen to resume oil exports after nearly three-year suspension
Yemen has resumed oil exports after nearly three years, with revenues set to fund public salaries, essential services and economic stability, President Rashad Al-Alimi said.
Rashad al-Alimi, who chairs the Yemeni government council supported by Saudi Arabia, said on Monday that the country is working to resume oil exports from today. Read also: Two ships are hit on the coast of Oman in the midst of the escalation of the war between the US and Iran Mediators propose a 10-day truce to try to reactivate the agreement between Iran and the US and Iran signal a willingness to resume negotiations despite new attacks.He lea…
Yemen's Presidential Council Chairman, Rashad al-Uleimi, announced the resumption of oil exports, which had been halted since 2022 due to clashes with the Houthi rebels. The revenue generated will be used to pay salaries, provide services, and stabilize the economy.
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