BREAKING: Saudi Arabia offers Yemen's Houthis $1 billion through Tehran to halt their attacks as part of a ceasefire, with Defence Minister Prince Khalid bin Salman flying to Iran to negotiate it and even bringing the money with him aboard the C-130 aircraft he arrived on, per diplomatic Gulf sources to Israel Hayom.

Iran offered to mediate between Saudi Arabia and the Houthis. It was represented by President Pezeshkian, SNSC chief Mohsen Rezaei and senior IRGC officials. Turkish intelligence chief Ibrahim Kalin and Pakistan's army chief Asim Munir were also taking part.

This is one of the biggest concessions from the Saudis yet.

— Daily Iran News (@DailyIranNews) October 26, 2026