The oil market is under Houthi control.. the truce narrowed the black market and revealed the manipulation of fuel supplies

English - Wednesday 07 September 2022 الساعة 10:39 am
Sana'a, NewsYemen, Muhammad Yahya:

Since the end of last August, the Houthi militia, Iran's arm in Yemen, began planning with oil traders loyal to it, to ignite a new fuel crisis in its areas of control, by fabricating justifications and accusations of seizing oil derivatives ships, with the aim of imposing a new increase in fuel prices, and doubling the suffering of citizens, and this  What the armed group has been doing since the beginning of the humanitarian truce.

And in the middle of last week, the Houthi militia threatened to create a new fuel crisis in its areas of control, in the statements of Houthi leader Essam Al-Mutawakel, appointed as a spokesman for the oil company under its control in Sanaa, under the pretext of obstructing the entry of oil derivatives ships to the port of Hodeidah, by the Arab coalition, which he considered  Observers in preparation for a new fuel crisis.

Accusations escalated to the coup militia, of continuing to manipulate and seize tons of fuel that arrived successively at the port of Hodeidah for the purpose of continuing its military operations and trading and selling it on the black market to reap double profits.

The closure of fuel stations was accompanied by the spread of mobile stations to sell fuel on the black market in the streets of Sanaa and areas under the control of the militia, with an increase of up to 50 percent over its previous price.  The stations, about a week ago, amounted to 13 thousand riyals.

While citizens expressed their anger at the Houthi militia's fabrication of the fuel crisis in its areas of control, and the doubling of the citizens' suffering, informed sources expected that the fabricated fuel crisis would continue for a limited period, and then end with the militia imposing an increase in its prices.

For the first time during the truce that entered into force in early April, gas stations are witnessing a congestion of cars, after the militia of Iran’s arm directed the sudden closure of a number of commercial stations belonging to the oil company under its control, under the pretext of preventing the entry of ships to the port of Hodeidah, which led to a stifling crisis.  In fuel and long queues.

A report issued by the Sana’a Center for Strategic Studies revealed that the Houthi militia authorities and their commercial networks manipulated fuel supplies through official channels in order to achieve higher returns on the black market, noting that the oil company subject to the militia raised fuel prices three times during the period from June 2021 until July  This year, he pointed out that gasoline prices rose in that period by 137 percent, from 295 to 700 Yemeni riyals per liter, while diesel prices increased by 197 percent, from 295 to 875 Yemeni riyals per liter.

Abdo Bishr, a member of parliament, criticized the Houthis in Sana’a for creating a new fuel crisis for the armed group, describing in his tweet on Twitter this crisis “unjustified,” noting the possibility of finding a solution to the pretext of detaining fuel ships that the group invoked in other ways instead of  Creating a crisis in light of the deteriorating economic conditions and the failure to pay salaries.

The recognized Yemeni government had accused the militia of Iran's arm of seeking to create an unreal oil derivatives crisis with the aim of pumping the stored quantities of oil, which were entered from the beginning of the truce as commercial quantities, to the black market to double the group's profits from it, stressing that there are no developments or special restrictions.  New or old, imposed by the government on oil derivatives to Hodeidah ports, noting that 35 ships were unloaded in Hodeidah port, which are all ships that submitted their requests during the last period, carrying a quantity of derivatives estimated at 963,492 tons.