Continuation of the National Emergency With Respect to Yemen

This notice continues for one year the national emergency declared in 2012 regarding Yemen, citing ongoing threats from Houthi actions to Yemen's stability and U.S. national security. The continuation extends the emergency's legal authorities beyond May 16, 2026, under the National Emergencies Act.

Federal Register Open PDF 91 FR 25781

Impact dates

May 16, 2027
Continued emergency expires unless extended
May 16, 2026
Original emergency expiration date

Market exposure

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

Sectors

Shipping & logistics Oil & gas

Mechanisms

Ban / prohibitionLicensing

Role pressure

AdverseTrading-partner exporter — Yemeni and regional entities face continued sanctions exposure and trade restrictions
AdverseImporter — Red Sea shipping disruptions and sanctions compliance burdens affect energy and goods flows

Geographies

US OTHER

Exposure dates

2026-05-16 — Original emergency expiration date
2027-05-16 — Continued emergency expires unless extended

Illustrative public companies

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

DACDanaosSHELShellTSLATeslaZTOZTO Express

Confidence: high · Policy alerts

Key directives

Continue national emergency declared in Executive Order 13611 for 1 year beyond May 16, 2026
Publish notice in Federal Register
Transmit notice to Congress

Timeline

Immediate

Emergency authorities under IEEPA remain in effect without interruption

Near term (90d)

Federal Register publication and congressional transmission

Long term

Emergency continues through May 16, 2027 unless terminated or extended again

Risks & tensions

Perpetual emergency status normalizes long-term sanctions architecture
Houthi Red Sea attacks since 2023 have expanded threat profile beyond original 2012 scope