Recent diplomatic efforts between Saudi Arabia, Oman, and Houthi representatives in Sanaa center on a draft peace framework that includes extending the UN-brokered truce, revenue-sharing for public salaries, port and airport access, and a transitional period under UN auspices. These talks follow weeks of renewed cross-border strikes, with the Saudi-led coalition intercepting Houthi drones and missiles targeting infrastructure while conducting airstrikes in Yemen. The UN Security Council’s November 13 sanctions extension condemned Houthi escalation and called for negotiated solutions. Earlier proposals reportedly included financial incentives mediated through regional actors. Prisoner exchanges and statements from Yemeni officials signal incremental confidence-building steps, though prior truces have faced compliance challenges amid ongoing military operations near key Red Sea areas.