Reported about 1 year ago
The US and its allies, in efforts to curb Houthi ship attacks in the Red Sea, are increasing pressure on Houthis by blocking their revenue sources, potentially jeopardizing a peace deal meant to end the nearly decade-long war in Yemen. Washington insists on halting Houthi Red Sea attacks as a condition for moving forward with a UN peace plan, despite previous airstrikes against the group having little effect. The US-backed Central Bank of Yemen is taking actions against banks in Houthi-controlled territories to hinder their financial access. The situation may escalate the conflict in Yemen and poses challenges for the Biden administration's Middle East diplomacy.
Source: YAHOO