Yemen's Houthi rebels have announced to halt all attacks on Saudi Arabia as part of a peace initiative.

In a statement, head of the Houthis' supreme political council Mehdi al-Mashat has expressed hope that the gesture would be answered by a stronger gesture" from the Saudis as pursuing war is not in anyone's interest.

The announcement comes after a wave of drone strikes on Saudi oil installations that knocked out half of the kingdom's production.

NNR/Khokhar