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…
US Sanctions Houthi Network Buying Weapons and Stolen Ukrainian Grain From Russia
Two Afghan businessmen and a Hong Kong-based company involved in transporting grain from Russian-occupied Ukrainian territories have been sanctioned by the United States. The US Department of the Treasury announced the measures on April 2, citing the network’s involvement in supplying weapons, raw materials, and sensitive technologies to Yemen’s Houthi rebels. The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sancti…
The Times of Israel
Arab NewsUS sanctions Russia-based network for helping Yemen’s Houthis
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