US sanctions network financing Houthi Red Sea shipping attacks

By Agence France-Presse

Dec 30, 2023 12:10 am

Washington, United States: The US Treasury Department unveiled sanctions Thursday against a network involved in financing the growing number of attacks by Yemen's Houthi rebels against international shipping in the Red Sea.

The Iran-backed group, which has controlled northern Yemen since 2014, has been attacking vessels in the region with drones and missiles since shortly after the Israel-Hamas war broke out in October, forcing cargo ships to avoid the Suez Canal -- one of the world's busiest shipping routes.

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