Yemen’s Houthi movement has reportedly offered
Saudi Arabia a deal to halt its attacks, demanding $51 billion in compensation
and formal recognition as Yemen’s governing authority in return for an
agreement to end hostilities. According to The Wall Street Journal, citing
sources familiar with the negotiations, Saudi Arabia had contacted the Houthis
to explore what kind of agreement might be possible to stop the attacks. The
contact came after the Houthis launched attacks on Saudi oil tankers in the Red
Sea and seized strategically important areas near the Bab al-Mandab Strait.
According to the report, the Houthis said their
$51 billion demand was intended to compensate for damage caused by Saudi
airstrikes and a prolonged blockade. Various other financial demands subsequently
emerged, but the Houthis' central message was that Saudi Arabia would have to
spend tens of billions of dollars to bring the conflict to an end. The report
said fighting intensified again during the summer, when the Houthis targeted
Saudi oil facilities and airports and seized additional strategically important
areas in Yemen. The group has now advanced to within approximately 50 miles of
Aden, the seat of Yemen’s internationally recognized government.
This is reportedly the closest the Houthis have
come to Aden since 2015. According to a senior analyst at the Armed Conflict
Location & Event Data Project (ACLED), the Houthis carried out attacks
against Saudi Arabia almost daily in October, targeting civilian airports and
facilities belonging to Saudi Aramco. The organization reported 26 incidents of
attacks inside Saudi Arabia in recent days. Meanwhile, at least 75 people were
killed and more than 200 injured in a Houthi attack in Yemen’s Shabwa province.
According to the report, this was the deadliest incident since the civil war
began escalating again.
Experts speaking to The Wall Street Journal said
that deploying additional ground forces against the Houthis would be a
difficult decision for Saudi Arabia. Saudi Crown Prince Mohammed bin Salman
reportedly does not want to enter comprehensive negotiations without making
further progress on the battlefield. However, additional military operations
could result in casualties and provoke domestic backlash. According to experts,
the Houthis’ strong position on the ground and their attacks on Saudi civilian
and energy infrastructure could undermine investor confidence. A U.S. military
expert also pointed out that Saudi Arabia has been forced to deploy its Patriot
missile defense systems and other air defense assets to counter potential
threats from Iran, Iraqi militias and the Houthis.