Israeli strike on Yemeni port caused $20 million in damage, official says

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Nusairi estimated the cost of port damage to “exceed $20 million,” noting, however, that the sum does not factor in losses incurred by the destruction of fuel storage facilities which “is the responsibility of the oil ministry.”

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This handout satellite image released by Maxar Technologies shows a view of burning oil tanks in the port of Yemen’s Houthi-held city of Hodeida on July 21, 2024, a day after Israeli strikes. (Satellite image ©2024 Maxar Technologies / AFP)

The Israel Defense Forces said last week that it estimated the strike to have been a major blow to the Houthi economy. Taking the cranes out of service would also prevent the group from bringing in more Iranian weapons via the port, it said.

The port damage caused a temporary interruption of activities but operations resumed quickly, Nusairi said.

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