Yemen's Houthi rebels have announced that they have decided to stop all attacks on Saudi Arabia as part of a peace initiative to end their country's devastating conflict. The announcement was made last night by Mahdi al-Mashat, head of the Houthi's supreme political council, which controls the rebel-held areas in Yemen.<br />'' <br />'' Mashat said on the Houthi-run Al Masirah TV, he hoped the gesture will be answered by a stronger gesture from the Saudis. The announcement comes after a wave of drone strikes last weekend on key Saudi oil installations, sending shock waves through energy markets.<br />'' <br />'' The Houthis claimed responsibility for the attacks, but Riyadh's ally US has placed the blame on Iran, which backs the Yemeni insurgents.<br />''  <br />