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Tuesday, 27 October 2026
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Saudi Arabia Offers $1 Billion to Houthis for Ceasefire During Iran Visit

Saudi Arabia has allegedly proposed $1 billion to Yemeni Houthis to cease attacks, mediated through Iran during a recent visit.

Saudi Arabia Offers $1 Billion to Houthis for Ceasefire During Iran Visit
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Saudi Arabia reportedly offered $1 billion to the Houthi rebels in Yemen to persuade them to halt attacks on the Kingdom. This proposal was made during a visit by Saudi Defence Minister Prince Khalid bin Salman to Iran, as reported by Israeli media.

The visit aimed to broker a ceasefire agreement with the Houthis, who have targeted Saudi airports and oil facilities, causing economic damage. Reports indicate that the Saudi minister brought the funds aboard a military transport aircraft.

While the offer has not been officially confirmed, discussions included representatives from Turkey and Pakistan, with Iran acting as a mediator. High-ranking Iranian officials, including President Masoud Pezeshkian, participated in the talks.

Saudi Foreign Ministry described the Tehran visit as part of ongoing efforts to reduce tensions and seek diplomatic solutions. The Ministry emphasized the importance of dialogue, supported by various member states of the Mecca Joint Defence Alliance.

Houthi attacks escalated after a truce collapsed in July. The group accused Saudi Arabia of not adhering to earlier agreements regarding financial assistance for public-sector salaries in Houthi-controlled areas, justifying their continued assaults.

This offer reflects ongoing instability in the region, with the Houthis and the Yemeni government continuing to clash amid a prolonged civil war.