Saudi offers $10m to prevent Red Sea oil spill disaster off Yemen
Saudi Arabia on Sunday pledged $10 million to help prevent an ageing Yemeni oil tanker from unleashing a potentially catastrophic spill in the Red Sea bordering its waters.
The decaying 45-year-old oil tanker known as the FSO Safer, long used as a floating storage platform and now abandoned off the rebel-held Yemeni port of Hodeida, has not been serviced since Yemen was plunged into civil war.
A Saudi-led military coalition intervened in Yemen in 2015 after Huthi rebels seized the capital Sanaa the previous year.