Saudi Arabia Proposes $1 Billion to Houthis to Halt Attacks, Mediated by Iran

In an effort to secure a lasting ceasefire and halt attacks on Saudi infrastructure, Saudi Arabia has reportedly offered $1 billion to Yemen's Houthi rebels.

According to reports citing regional diplomatic sources, the proposal was discussed as part of a mediation effort involving Iran. However, the actual transfer of funds remains unverified by independent sources.

Reports indicate that Saudi Defense Minister Prince Khalid bin Salman visited Tehran for talks, joined by high-ranking security and military officials from Pakistan and Turkey. The diplomatic push comes amid rising security concerns over drone and missile attacks on oil installations and airports in the region, prompting intensified efforts to ensure stability.

While the discussions reflect a multilateral approach to regional peace, complexities remain regarding the implementation of previous agreements and outstanding territorial disputes involving Yemen's recognized government. Despite these hurdles, the participating nations have agreed to continue dialogue to prevent further military escalation.