US sanctions Houthi networks in largest action targeting Yemeni group – Middle East Monitor

The US Treasury Department sanctioned 32 individuals and entities Thursday in what officials described as the largest action targeting Iran-backed Houthis, claiming the networks facilitate weapons procurement and illicit financing, Anadolu reports.

The Treasury’s Office of Foreign Assets Control (OFAC) alleged the networks are “part of the Houthis’ global illicit fundraising, smuggling, and weapons procurement operations” spanning Yemen, China, the United…

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News Source: www.middleeastmonitor.com

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