After an attack on Saudi tankers in the Red Sea and the loss of control of the strategic Bab al-Mandab strait, Saudi Arabia turned to the Houthi movement to find out what conditions needed to be met to achieve a peaceful settlement, the Wall Street Journal writes. In response, the Houthis asked for $51 billion, which it says is needed to compensate for the damage caused by a decade of bombings and a blockade by Saudi Arabia. In addition, according to the reports, the Houthis demanded that Saudi Arabia recognize them as the legitimate ruler of Yemen, "for the sake of completeness".

After an attack on Saudi tankers in the Red Sea and the loss of control of the strategic Bab al-Mandab strait, Saudi Arabia turned to the Houthi movement to find out what conditions needed to be met to achieve a peaceful settlement, the Wall Street Journal writes. In response, the Houthis asked for $51 billion, which it says is needed to compensate for the damage caused by a decade of bombings and a blockade by Saudi Arabia. In addition, according to the reports, the Houthis demanded that Saudi Arabia recognize them as the legitimate ruler of Yemen, "for the sake of completeness".