Saudi Arabia Reportedly Offers Houthis $1 Billion for Ceasefire Through Iran
What Happened
Israeli newspaper Israel Hayom reported on October 26, 2026, that Saudi Arabia proposed paying Yemen's Houthis $1 billion through Iran to secure a ceasefire. The report cited unnamed Gulf diplomatic sources. Saudi Defence Minister Prince Khalid bin Salman attended talks in Tehran with Iranian, Turkish and Pakistani officials. Saudi authorities confirmed the diplomatic visit but not the alleged payment.
Key Takeaways
The Tehran talks represent a confirmed diplomatic effort to reduce regional tensions. However, the reported $1 billion offer remains unverified, with no official confirmation of a payment or completed ceasefire agreement.