Notice 13611NoticeTrump 47 · R

Presidential Notice 13611

Continuation of the National Emergency With Respect to Yemen

This notice continues for one year the national emergency declared in Executive Order 13611 regarding Yemen, originally established in 2012 due to threats to Yemen's peace and security by government officials and the Houthis (Ansar Allah). The continuation extends the emergency authorities beyond May 16, 2025, under the National Emergencies Act.

Impact dates

  1. Continued national emergency expires unless extended

  2. Original emergency expiration date (superseded by continuation)

Market exposure

Policy exposure mapping — not investment advice. Illustrative public companies are incomplete and not recommendations.

Mechanisms

Ban / prohibitionLicensing

Role pressure

  • AdverseTrading-partner exporterYemen-related trade remains subject to IEEPA-based restrictions and potential blocking sanctions
  • AdverseImporterRed Sea shipping routes affected by Houthi activity remain high-risk; emergency continuation sustains legal framework for maritime security responses
  • MixedDownstream manufacturerEnergy and commodity flows through Bab el-Mandeb strait face ongoing disruption risk, though emergency tools may also enable protective measures

Geographies

Exposure dates

  • Continued national emergency expires unless extended

Illustrative public companies

Curated watchlist matches by sector/role — incomplete; not a recommendation.

DACDanaosFDXFedExHSBCHSBCSHELShellTSLATeslaUPSUPSZTOZTO Express

Confidence: medium · Policy alerts

Key directives

  • Continue national emergency declared in EO 13611 for 1 year beyond May 16, 2025
  • Publish notice in Federal Register
  • Transmit notice to Congress

Timeline

Immediate

  • National emergency continues in effect upon publication
  • Federal Register publication required
  • Congressional transmission required

Near term (90d)

Long term

  • Emergency authorities remain in place until May 16, 2026, unless terminated or extended again

Risks & tensions

  • Perpetual emergency status normalizes long-term use of IEEPA sanctions without congressional reauthorization
  • Houthi Red Sea attacks since late 2023 have expanded scope of 'threat' beyond original 2012 justification, though this notice does not explicitly address that expansion
  • Humanitarian access concerns persist under sanctions framework
Presidential Notice 13611: Continuation of the National Emergency With Respect to Yemen · Executive Orders