Under the US-Houthi truce, the internationally recognized Yemeni government, headquartered in Aden, and its eight-member executive body, the Presidential Leadership Council, which was founded in 2022, are suffering severe setbacks. As Yemen's economic crisis worsens, the existing power dynamics run the risk of widening internal tensions. The chairman of the Saudi-backed Presidential Leadership Council, Rashad al-Alimi, is still unable to effectively command the military and other facets of the state's institutions. Economic circumstances in government-controlled parts of Yemen have significantly worsened since the signing of a national truce between the warring parties (including Saudi Arabia) in April 2022. This has been made worse by long-standing incompetence at all administrative levels. Although the truce was supposed to end in late 2022, it is still in force. Since October 2022, however, the Houthis have used the lull in combat to further strengthen and profit from their embargo of crude oil shipments via the southern ports, utilizing the money they have lost or redirected against their Yemeni adversaries.