The continued seizure of fuel ships by the Saudi-led coalition caused Yemen to lose $5 million since the start of the truce, spokesman for Sana’a-based Yemeni Petroleum Company (YPC), Issam Al-Mutawakel, said on Tuesday.
In a statement to Al-Masirah TV, Al-Mutawakel indicated that fluctuations in the global stock exchange prices caused fines for impounded fuel ships to rise from 20,000 dollars per day to 35,000 dollars.
Al-Mutawakel confirmed that the fluctuation of international stock prices and the continued piracy of fuel ships by the coalition made the truce lose its effect inside Yemen.
