Houthis Generate Billions Annually from Fuel Trade and Taxation, Yemeni Officials Say
The group reportedly monopolizes fuel imports via the strategic port of Hodeidah, where it imposes levies of up to $120 per ton of imported gasoline. Officials claim that nearly 50% of fuel shipments arrive free of charge from Iran, later sold in local markets at inflated prices—generating over $1.57 billion during one reviewed period alone.
Fuel prices in Houthi-controlled areas are nearly double those in government-controlled zones, with a 20-liter canister of gasoline selling for approximately $18.70, compared to $10.30 elsewhere.
In addition to direct fuel revenues, the Houthis have collected an estimated $789 million in customs and taxes on oil derivatives imported via Hodeidah port during a single year.
Yemeni Minister of Information, Muammar Al-Eryani, described the fuel trade as a 'lifeline for war financing,' accusing Houthi leaders of enriching themselves at the expense of ordinary Yemenis.
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