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In September, the Yemeni rial’s recent decline accelerated precipitously, with the currency’s value dropping to record lows by month’s end. While the rial has been under multiple, intensifying pressures stemming from the war for several years, a large increase in the money supply – through a 30 percent increase in civil servant salaries – and the collapse of peace talks last month appear to have spurred a rial sell-off in the market. A nation-wide fuel shortage ensued. Retail fuel stations…

In the last six days of August the Yemeni rial entered one of its steepest and most rapid declines in value since the conflict began, resulting in sudden price spikes for basic foodstuffs. Given Yemen’s overwhelming dependence on imports to feed the population, such changes in the rial’s value have direct implications for the country’s humanitarian crisis.

At the end of July the Yemen conflict seemed poised to take on much broader regional and global dimensions, as Saudi Arabia halted oil shipments through the Bab al-Mandeb Strait off Yemen’s Red Sea coast. Iran declared the sea “no longer secure,” and Israel threatened military intervention if Houthi forces attempted to close the strait to shipping (see ‘Riyadh Halts…

In May, Houthi forces were clearly on the defensive across most of Yemen, in particular losing ground in Hudaydah governorate as various anti-Houthi groups, backed by Emirati airpower, advanced on Hudaydah city. A Saudi-led coalition plan for a military offensive on the city last year was derailed due to a lack of US support and international outcry over the likelihood…

In early 2017 the United Nations (UN) declared that Yemen was enduring the single largest humanitarian crisis in the world. By year’s end, UN agencies estimated that 17.8 million people in Yemen were food insecure and 8.4 million were at risk of famine. Economic and public service collapse left more than 16 million Yemenis without access to safe water and…

In March, the prospect of a Saudi-led military coalition offensive on the rebel-held city of Hudaydah dominated Yemen-related policy discussions at the United Nations and in the United States. Discussions among UN Security Council member states generally centered around how such an offensive would radically exacerbate Yemen’s humanitarian crisis – given that Hudaydah is the main entry point for humanitarian and commercial goods, and that the country is already facing the world’s largest food security emergency.

In February, the Food and Agriculture Organization of the United Nations stated that “Yemen is facing the largest food security emergency in the world”, and estimated that the country’s domestic reserves of wheat would be completely exhausted by the end of March 2017. The UN human rights commission raised credible reports that war crimes were committed by both the main warring sides during battles for the Red Sea port town of Mukha. These battles saw the forces backing Yemeni President…

In January, the UN Special Envoy to Yemen Ismael Ould Cheikh Ahmed entered a period of shuttle diplomacy in an attempt revive the same peace proposal he’d put forward in December 2016 – a proposal Yemeni President Abdu Rabbu Mansour Hadi had at that time flatly rejected. The UN 2140 Sanctions Committee’s Panel of Experts reported last month that neither side in the conflict has “demonstrated sustained interest in or commitment to a political settlement or peace talks”, while pro-Hadi…

In December, the internationally recognized government of Yemeni President Abdu Rabbu Mansour Hadi officially rejected the latest UN proposal to end the conflict in Yemen. The Hadi government then laid out new conditions for any future peace agreement that effectively preclude the possibility of a negotiated end to the war. The Houthi movement and allied forces of former President Ali Abdullah Saleh sought out but failed to garner international recognition for their recently formed “Government of National Salvation” (GNS), following…

In November, United States Secretary of State John Kerry announced that he had reached an agreement between Saudi Arabia, the United Arab Emirates and the Houthi movement to end the fighting in Yemen. He did so, however, without obtaining the agreement of the internationally recognized government of Yemen, one of the war’s main belligerent parties. The ceasefire was almost immediately violated and quickly failed. The opposition Houthis and allied forces of former President Ali Abdullah Saleh announced the formation of…