US Imposes Fresh Sanctions Targeting Houthi Oil Shipments

Reported 11 months ago

The US announced sanctions on individuals, ships, and companies to cut off commodity revenue for Yemen's Houthi rebels, who have disrupted trade flows through the Red Sea. The sanctions target the Houthi financial facilitator Sa’id al-Jamal and Hong Kong-based Lainey Shipping Ltd., owner of the vessel Janet carrying sanctioned cargo. US Treasury Department cited illicit activities including forging shipping documents and providing services to sanctioned vessels by the Houthis' expansive support network.

Source: YAHOO

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