Afghanistan, Nov. 5 -- Yemen's Iran-backed Houthi movement has demanded $51 billion in compensation and formal recognition as the country's rulers in negotiations with Saudi Arabia aimed at ending hostilities, The Wall Street Journal reported on Thursday, November 5, citing people familiar with the discussions.
The Houthis said the money would compensate for years of Saudi-led airstrikes and a prolonged blockade, according to the report. Although other figures have since been discussed, the proposed settlement would still involve payments amounting to tens of billions of dollars.
Saudi Arabia reportedly approached the Houthis to explore the possibility of a negotiated halt to the conflict after the group intensified attacks on Saudi oil t...