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From the Liveblog of
Friday, January 12, 2024
From the Liveblog of
Friday, January 12, 2024
US sanctions Hong Kong, UAE firms over Houthi support
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File - Houthi military spokesman, Brigadier Yahya Saree, delivering a statement in Sanaa, Yemen on December 15, 2023. (Mohammed Huwais/AFP)
Washington announces new sanctions on two companies in Hong Kong and the United Arab Emirates, moving to crack down on the financial network funding Iranian-backed Houthi rebels in Yemen.
The US Treasury Department says the firms had shipped Iranian commodities on behalf of a Houthi financial facilitator’s network and that “the revenue from the commodity sales supports the Houthis and their continued attacks against international shipping in the Red Sea and the Gulf of Aden.”
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