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Edition of Wednesday, 11 November 2026English edition
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The Geopolitician

Country risk, from the local press

Yemen · Country watch

Taiz Faces Cash Shortage; Oil Prices Surge

Taiz struggles with cash shortages affecting food prices, while global oil prices rise due to tensions in the Strait of Hormuz.

· · 3 articles read

The picture Deteriorating How this is judged →

Business conditions in Yemen are deteriorating due to cash shortages in Taiz impacting food prices and rising global oil prices affecting energy costs.

In this briefing Houthi · Taiz · Jamil Al-Hajj · Nabil Shamsan · Central Bank of Yemen · Strait of Hormuz · Brent Crude

Regulation

  • Finance

Houthi Policies Increase Transfer Costs in Yemen

Tai'zz
Tai'zz — المصور أنس الحاج, CC BY-SA 2.0 via Wikimedia Commons

Houthi forces have implemented new economic measures that have increased the cost of financial transfers in Yemen, particularly affecting rural areas in Taiz, Aden Al-Ghad reports. The measures are part of a broader strategy by the Houthis to exert control over newly captured territories, imposing economic burdens on local populations.

Impact Residents and businesses in Houthi-controlled areas face higher financial transfer costs.

Sources: Aden Al-Ghad ↗

Safety & health

  • Public sector

Heavy Rainfall and Flood Warnings in Yemen

Part of: Heavy rains and floods warnings in Yemen →

Meteorologist Jamil Al-Hajj has warned of heavy rainfall and potential flooding across several Yemeni provinces, Yemen Monitor reports. The forecasted weather conditions pose risks to infrastructure and communities, particularly in flood-prone areas. Authorities are urged to take precautionary measures to mitigate the impact of the anticipated weather events.

Impact Public-sector workers and residents in affected areas face potential disruptions due to flooding.

Sources: Yemen Monitor ↗

Companies

  • Finance
  • Retail

Taiz Governor Discusses Cash Shortage Solutions

Taiz Governor Nabil Shamsan met with the central bank, the chamber of commerce, and local banks to address the cash shortage and rising food costs in the region, according to Yemen Monitor. The discussions focused on easing the liquidity crisis and reducing transfer costs between provinces, which have been affecting food prices and the availability of essential goods. The meeting aimed to find practical solutions to mitigate the economic impact on residents.

Impact Retailers and food importers in Taiz face challenges due to cash shortages and high transfer costs.

Sources: Yemen Monitor ↗

Markets

  • Energy

Oil Prices Rise After Attacks in Strait of Hormuz

Global oil prices increased after new attacks on oil tankers in the Strait of Hormuz, Mareb Press reports. Brent crude rose by more than a dollar to $92.18 per barrel, while West Texas Intermediate climbed to $86.36 per barrel. The incidents have heightened concerns over global energy supply disruptions amid ongoing tensions between the US and Iran.

Impact Energy importers in Yemen face higher costs due to rising global oil prices.

Sources: Mareb Press ↗

Nothing significant reported today in Disruption · Internal tension · Trade · Politics.

Also today in the local press

Sources in this briefing

Sources: each headline links to the original article on the publisher's site.

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