Middle East
Yemen
Yemen’s ongoing conflict has turned the relatively unimportant country into a regional flashpoint, and center of the Saudi-Iran showdown. IOCs, including Yemen LNG operator Total, have fled the country.
State of Play
Yemen exploded into international focus in late-2023 when Houthi shipping attacks in the Red Sea and Gulf of Aden forced a major reroute of global trade flows. Internally, factions remain divided with hydrocarbon exports having ground to a halt.
2024 In Numbers
| Crude Output | 10,000 | b/d |
| Oil Exports | zero | - |
| Oil Imports | 71,000 | b/d |
| Population | 39 | mn |
11 Sep, 2026
Featured
Houthis Gain Control Of Yemen’s Red Sea Coastline
The Houthis now control the entire Red Sea coastline after seizing Mocha from Yemeni government forces and advancing to Dhubab and strategic offshore islands. The gains strengthen their position around Bab al-Mandeb, while renewed attacks on Saudi Arabia have been followed by reported Saudi airstrikes.
Yemen: Political Control & Oil Infrastructure
NEWS IN BRIEF
Houthis Threaten To Reignite War In Yemen
7 Aug, 2026
UAE-Saudi Tensions Rise In Yemen As STC Advances
12 Dec, 2025
Israel Strikes Yemen Again
12 Sep, 2025
Yemen Government Approves New Refinery
29 Aug, 2025
US Designates Houthis Foreign Terrorists
7 Mar, 2025
Houthis: ‘Red Sea Is Open’
24 Jan, 2025
Houthis Strike Tel Aviv
19 Jul, 2024
Houthis Sink Second Ship
21 Jun, 2024
SELECTED DATA
Yemen Oil Product Imports (‘000 b/d): Ras Issa Increasingly Important Hub For Oil Imports
Yemen Oil Product Imports (‘000 b/d): Ras Issa Grows As Houthi-Controlled Ports Dominate Imports
Gross Output* From Yemen’s OMV-Operated S-2 Block Has Been Steadily Declining Since Restarting In 2018 (‘000 b/d)
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