Yemen announces resumption of oil exports after long halt
Yemen's leadership has announced that oil exports are set to resume after a halt that began in late 2022, in a move the government says is aimed at easing its financial crisis. The announcement was made by Rashad al-Alimi, head of the Presidential Leadership Council, and is tied to a plan to restore one of the state's main sources of foreign currency. The government says the revenues would be used to pay salaries, improve services and support economic stability.The reported restart date is July 20, according to the supplied material, although the announcement itself was reported on July 23. Yemen's... [Continue Reading]
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