The Expanding War Economy and Financial Resources of the Houthis in Yemen
A parallel war economy is examined in which the Houthis generate billions of dollars through taxes, commercial restructuring, and the oil trade.
It has been reported that the Houthis in Yemen have built an annual parallel war economy worth billions of dollars through taxes, customs, commercial restructuring, and the illegal oil trade.
Red Sea Advance and Economic Dimension
While the military advance of the Houthis along the Red Sea coast provides geographical and military gains, it does not secure the lifting of international sanctions.
Central Financial System and Parallel Economy
According to a report by the Mokha Center for Strategic Studies, the Houthis generate approximately $2.5 billion annually through taxes, customs, and various deductions.
Cancellation of Commercial Agencies
According to a report by the Sana'a Center for Strategic Studies, the licenses of thousands of commercial agencies have been revoked to make way for group-affiliated businesses.
Illegal Oil Trade and External Financing
The U.S. Department of the Treasury claims that more than $2 billion in annual revenue is generated from illegal oil sales through Dubai-based companies and Iran-backed networks.
Humanitarian Crisis and Public Employees
According to UN data, while millions of people are in need of humanitarian aid, public employees have not received salaries for years, a situation that draws criticism.