US EditionUS sanctions Russia-based network for helping Yemen's Houthis
- The U.S. Treasury Department imposed sanctions on April 2 against a network aiding Russian arms purchases for the Houthis, a rebel group in Yemen.
- The sanctioned network helped facilitate the acquisition of tens of millions of dollars' worth of commodities from Russia, including weapons and stolen Ukrainian grain.
- Sanctions targeted Afghan businessmen, a Hong Kong company, and individuals linked to the supply network.
- Treasury Secretary Scott Bessent stated that the U.S. Has intensified airstrikes against the Houthis, indicating a commitment to limiting the group's capabilities.
59 Articles
59 Articles
Iran-Backed Houthi Group Faces Sanctions On Cryptocurrency Wallets Funding War Efforts
The Treasury Department took action against a Houthi financial network, imposing sanctions on cryptocurrency wallets used by the Iran-backed militant group to fund its war machine. What Happened: According to a Wednesday press release, the Department of the Treasury's Office of Foreign Assets Control identified eight digital wallets used by the Yemen-based group to help procure millions worth of weapons and commodities, including stolen Ukrainia…
The Times of Israel
Arab NewsUS sanctions Russia-based network for helping Yemen’s Houthis
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US sanctions Russia-based network for helping Yemen's Houthis
The United States imposed sanctions on Wednesday on Russia-based people and entities working to help procure weapons and commodities - including stolen Ukrainian grain - for Yemen's Iran-backed Houthis, the Treasury Department said.
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