YEMEN – Houthis Stoppage of Oil Tankers

The Iran-backed Houthi militias’ refusal to implement a legitimate Yemen government order on collecting customs fees on all oil derivative revenues at Hodeida port has led the halt of ten vessels in the Red Sea.
Tanker

At Houthi orders, the oil tankers did not pay the revenues and did not disclose the certificate of origin of the shipment that ensures its legality.

Member of the economic committee, Dr. Fares al-Jaadabi told Asharq Al-Awsat that some 40 vessels have come to a halt in the Red Sea as a result of the Houthi practices, adding that the militias’ deliberate measures are aimed at jeopardizing the security of the region.

“We had urged the international community to interfere by force and stop the Houthis and their incitement and threats against oil traders,” he revealed.

Jaadabi revealed that the militias aim to threaten the maritime security and to spark an oil derivatives crisis in areas under their control to deepen the suffering of the Yemeni people.

The legitimate government had passed Law 49 to collect taxes and custom duties from oil imports arriving at all Yemeni ports.

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