US Envoy to Yemen Says Houthis Are Suffering from a Liquidity Crisis

US Special Envoy for Yemen Tim Lenderking. (Asharq Al-Awsat)
US Special Envoy for Yemen Tim Lenderking. (Asharq Al-Awsat)
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US Envoy to Yemen Says Houthis Are Suffering from a Liquidity Crisis

US Special Envoy for Yemen Tim Lenderking. (Asharq Al-Awsat)
US Special Envoy for Yemen Tim Lenderking. (Asharq Al-Awsat)

US Special Envoy to Yemen Tim Lenderking said the Iran-backed Houthi militias in Yemen were facing economic pressure and were trying to escape this crisis by launching attacks on ships in the Red Sea.

Lenderking was speaking from Oman where he met with Foreign Minister Badr Al-Busaidi. The envoy had also visited Saudi Arabia on his latest tour of the region.

At a digital press briefing, he noted the Houthis’ introduction of a new coin in some parts of Yemen. “What this shows us is that there is economic pressure that the Houthis are facing,” he said in response to Asharq Al-Awsat's question about the new currency.

“I’ve talked about the economic pressure that the Houthis are placing on international shipping, which is harming regional economies, but it’s also harming Yemen. I would point to a 15 percent reduction in ships being able to dock at Hodeidah Port, which is a lifeblood for the Yemeni people,” he went on to say.

“These actions on Red Sea shipping have obstructed humanitarian supplies from reaching the Yemeni people. And that’s why we say that these attacks are misplaced and why they’re reckless and indiscriminate,” stressed Lenderking.

“This introduction of a new coin shows is economic pressure that is being felt by the Houthis. There is a liquidity crisis in Yemen,” he remarked.

“What this all points to is the importance of returning Yemen to a period of stability where its economic resources can be used to promote stability and benefit for all Yemenis, where salaries can be paid according to the terms of the UN roadmap, where Yemen’s fisheries are not endangered by attacks on oil tankers and other ships that could threaten these vital ecosystems,” he continued.

“That’s, again, why we need to make this push toward the Yemen peace effort, which will help the humanitarian situation and also help Yemen – Yemenis rebuild their economy,” he added.

On the Houthi attacks in the Red Sea, Lenderking said: “The Houthis claim that their actions are a response to the conflict in Gaza, but their attacks only hurt ordinary people in the region.”

“These negative impacts are due exclusively to Houthi recklessness and Iran’s efforts to sow instability across the region. These attacks serve nothing more than a narrow Houthi agenda. Iran continues to enable these attacks through arms funding and intelligence support to the Houthis, reminding the world that they are the leading sponsor of terrorism,” he declared.

“The Houthis’ attacks against civilians and commercial ships are acts of terrorism. This is further exemplified by their seizure last November and continued unlawful detention of the MV Galaxy Leader and its 25-member crew,” he noted.

“Houthi attacks must stop so we can return our focus to the Yemen peace effort and direct our full attention towards supporting the Palestinians and their legitimate aspirations for a two-state solution, which Houthi behavior, frankly, is complicating and undermining,” Lenderking stressed.

“Houthi actions endanger the lives of civilian seafarers, disrupt the flow of food and other essential commodities to people worldwide, undermine navigational rights and freedoms, and irreparably harm the marine environment and sensitive ecosystems that Yemeni fishermen depend on,” he went on to say.

“The Houthi attacks are raising prices for consumers and jeopardizing the regional development goals of countries in the region that depend on shipping and international trade, including Oman. These attacks are also not helping Yemen, which remains in dire need of humanitarian and economic support,” he said.

“My hope as the envoy for Yemen is that we can find diplomatic offramps to find ways to de-escalate,” he stated. “We favor a diplomatic solution. We know that there is no military solution.”

Moreover, Lenderking highlighted the role played by Saudi Arabia in building trust and bridging the divide between Yemen’s legitimate government and the Houthis.

This “gives us some hope that we can use this moment to get beyond current tensions and refocus on what the Yemeni people need, which is an end to this nine-year civil war,” remarked the envoy.

“I do think that ultimately diplomatic solutions will have to be found, and again, that’s why the importance of consulting with regional partners who have such a strong stake in a peaceful outcome to this conflict – Oman, Saudi Arabia, and others,” he said. “We all want Yemen to be a source of stability for the region.”

Furthermore, he stressed that the US remains fully committed to supporting lasting peace in Yemen and the UN-backed peace process, and easing the humanitarian and economic crises.



Somali President to Visit Türkiye After Israeli Recognition of Somaliland

 Somalia's President Hassan Sheikh Mohamud delivers a joint press conference with the German Chancellor after talks at the Chancellery in Berlin, on November 5, 2024. (AFP)
Somalia's President Hassan Sheikh Mohamud delivers a joint press conference with the German Chancellor after talks at the Chancellery in Berlin, on November 5, 2024. (AFP)
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Somali President to Visit Türkiye After Israeli Recognition of Somaliland

 Somalia's President Hassan Sheikh Mohamud delivers a joint press conference with the German Chancellor after talks at the Chancellery in Berlin, on November 5, 2024. (AFP)
Somalia's President Hassan Sheikh Mohamud delivers a joint press conference with the German Chancellor after talks at the Chancellery in Berlin, on November 5, 2024. (AFP)

Somalia's president is to visit Türkiye on Tuesday following Israel's recognition of the breakaway territory of Somaliland, Türkiye’s presidency said.

Somali President Hassan Sheikh Mohamud will hold talks "on the current situation in Somalia in the fight against terrorism, measures taken by the federal Somali government towards national unity and regional developments", Burhanettin Duran, head of the Turkish presidency's communications directorate, said on X.

Türkiye on Friday denounced Israel's recognition of Somaliland, a self-proclaimed republic, calling it "overt interference in Somalia's domestic affairs".

Somaliland declared independence in 1991.

The region has operated autonomously since then and possesses its own currency, army and police force.

It has generally experienced greater stability than Somalia, where Al-Shabaab militants periodically mount attacks in the capital Mogadishu.

Diplomatic isolation has been the norm -- until Israel's move to recognize it as a sovereign nation, which has been criticized by the African Union, Egypt, the six-nation Gulf Cooperation Council and the Saudi-based Organization of Islamic Cooperation.

The European Union has insisted Somalia's sovereignty should be respected.

The recognition is the latest move by Israel that has angered Türkiye, with relations souring between the two countries in recent years.

Ankara has strongly condemned Israel's offensive in the Gaza Strip, and Israel has opposed Türkiye’s participation in a future stabilization force in the Palestinian territory.


Iraq's Parliament Elects Al-Halbousi as Its New Speaker

 The new speaker of parliament Haibet Al-Halbousi, center, looks on before the start of their first legislative session in Baghdad, Iraq, Monday, Dec. 29, 2025. (AP Photo/Hadi Mizban)
The new speaker of parliament Haibet Al-Halbousi, center, looks on before the start of their first legislative session in Baghdad, Iraq, Monday, Dec. 29, 2025. (AP Photo/Hadi Mizban)
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Iraq's Parliament Elects Al-Halbousi as Its New Speaker

 The new speaker of parliament Haibet Al-Halbousi, center, looks on before the start of their first legislative session in Baghdad, Iraq, Monday, Dec. 29, 2025. (AP Photo/Hadi Mizban)
The new speaker of parliament Haibet Al-Halbousi, center, looks on before the start of their first legislative session in Baghdad, Iraq, Monday, Dec. 29, 2025. (AP Photo/Hadi Mizban)

Iraq's parliament on Monday elected a new speaker following overnight talks to break a political deadlock.

Haibet Al-Halbousi received 208 votes from the 309 legislators who attended, according to The AP news. He is a member of the Takadum, or Progress, party led by ousted speaker and relative Mohammed al-Halbousi. Twenty legislators did not attend the session.

Iraq held parliamentary elections in November but didn’t produce a bloc with a decisive majority. By convention, Iraq’s president is always Kurdish, while the more powerful prime minister is Shiite and the parliamentary speaker is Sunni.

The new speaker must address a much-debated bill that would have the Hashd al-Shaabi, or Popular Mobilization Units become a formal security institution under the state. Iran-backed armed groups have growing political influence.

Al-Halbousi also must tackle Iraq’s mounting public debt of tens of billions of dollars as well as widespread corruption.

Babel Governor Adnan Feyhan was elected first deputy speaker with 177 votes, a development that might concern Washington. Feyhan is a member of the Asaib Ahl al-Haq, or League of the Righteous, a US-sanctioned, Iran-backed group with an armed wing led by Qais al-Khazali, also sanctioned by Washington.


Hamas Armed Wing Refuses to Surrender Weapons, Confirms Spokesman Killed by Israel in August

FILE Photo of Hamas now late spokesperson Abu Ubaida. (Screengrab from al-Qassam brigades video)
FILE Photo of Hamas now late spokesperson Abu Ubaida. (Screengrab from al-Qassam brigades video)
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Hamas Armed Wing Refuses to Surrender Weapons, Confirms Spokesman Killed by Israel in August

FILE Photo of Hamas now late spokesperson Abu Ubaida. (Screengrab from al-Qassam brigades video)
FILE Photo of Hamas now late spokesperson Abu Ubaida. (Screengrab from al-Qassam brigades video)

Hamas's armed wing reiterated on Monday that it would not surrender its weapons, a key issue expected to feature in talks later in the day between US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu. 

In a video statement, the Ezzedine al-Qassam Brigades also confirmed the death of their longtime spokesperson, months after Israel announced he had been killed in an air strike in Gaza on August 30. 

"Our people are defending themselves and will not give up their weapons as long as the occupation remains," said the group's new spokesman, who has adopted the nom de guerre of his predecessor, Abu Obeida. 

The statement came just hours before Trump and Netanyahu were scheduled to meet in Florida. 

Israeli government spokeswoman Shosh Bedrosian said Netanyahu would discuss the second phase of the Gaza truce deal, which includes ensuring that "Hamas is disarmed, Gaza is demilitarized". 

Rejecting that demand, the new Abu Obeida instead called for Israel to be disarmed of its weapons. 

"We call on all concerned parties to work toward disarming the lethal weapons of the occupation, which have been and continue to be used in the extermination of our people," he said. 

In the same statement, he confirmed the death of his predecessor, and also announced the deaths of four other Hamas commanders in Israeli attacks during the war. 

"We pause in reverence before... the masked man loved by millions... the great martyred commander and spokesperson of the Qassam Brigades, Abu Obeida," he said. 

During the war, Abu Obeida, whose real name was Hudhayfa Samir al-Kahlout, emerged as a central figure eagerly awaited by Gazans, as well as by Arab and international media, for official statements from Hamas's military wing, particularly those related to hostage-prisoner swaps. 

Born on February 11, 1985, and raised in the Jabalia refugee camp in northern Gaza, Abu Obeida joined Hamas at an early age before becoming a member of the Ezzedine al-Qassam Brigades. 

He later became the group's spokesman, delivering video statements in military uniform with his face consistently concealed by a red keffiyeh. 

He survived multiple Israeli assassination attempts over the years. 

Hamas officials have described him as a symbol of "resistance", known for fiery speeches that often included threats against Israel or announcements of military operations. 

"For many years, only a very small circle of Hamas officials knew his true identity," a Hamas official told AFP. 

Israel has decimated Hamas's leadership, saying it seeks to eradicate the group following Hamas's October 7, 2023 attack on Israel, which triggered the war.