Al-Iryani discusses Red Sea toll collection plan

A report reveals that the Houthi group, in coordination with the Iranian Revolutionary Guard Corps, is working to establish an administrative entity responsible for collecting tolls from commercial ships passing through the Red Sea. The goal is to turn the threat to international navigation into a steady source of funding for the group. The plan aims to establish the group as a de facto authority in the waterway, potentially setting a contemporary model for terrorist groups to finance themselves through financial extortion, thereby strengthening Iran's influence in the region. The Yemeni government has heightened its readiness to confront these threats, which seek to transform security challenges into a sustainable financial and administrative system to fund terrorism. There are also warnings about the economic and security impacts on the region.

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