U.S. Sanctions Yemen International Bank and Executives for Aiding Houthis

U.S. Sanctions Yemen International Bank and Executives for Aiding Houthis

The U.S. Treasury Department announced sanctions on Thursday, April 17, against Yemen International Bank (IBY) and three of its senior executives for allegedly providing financial support to the Iran-backed Houthis. This marks the second Houthi-controlled bank to face U.S. sanctions recently, foll...

U.S. Warns Against Dealings with Houthi-Controlled Ports

U.S. Warns Against Dealings with Houthi-Controlled Ports

The United States has reiterated a strong warning to countries, businesses, and other entities against conducting business with ports under the control of the Iran-backed Houthis in Yemen. On  Wednesday, State Department spokesperson Tammy Bruce emphasized that providing support to the Houthi...

National Bloc Urges to Leverage US Sanctions Against Houthis

National Bloc Urges to Leverage US Sanctions Against Houthis

The National Bloc in Yemen has called upon the Yemeni government to capitalize on recent US sanctions against the Iran-backed Houthis to accelerate the end of the ongoing coup. During a meeting led by Ahmed Obaid Bin Daghr,the bloc discussed strategies to restore the state and counter the Houth...

UN Envoy Warns Security Council: Yemen on Brink of Renewed Conflict

UN Envoy Warns Security Council: Yemen on Brink of Renewed Conflict

UN Special Envoy to Yemen, Hans Grundberg, warned the Security Council Thursday that Yemen is dangerously close to a full-scale return to conflict, stating, "Fear of a full return to conflict is now palpable." Grundberg stressed his office's readiness to pursue any opportunity for...

UN Suspends Operations in Houthi-Controlled Areas Following Arrests

UN Suspends Operations in Houthi-Controlled Areas Following Arrests

The United Nations announced Friday, January 24, 2025, that Iran-backed Houthis, labeled as terrorists internationally, detained several UN employees in their territories on Thursday. The UN has suspended all movements in Houthi-controlled regions until further notice, demanding the immediate and u...

US Treasury Sanctions Bank for Funding Iran-Backed Houthis

US Treasury Sanctions Bank for Funding Iran-Backed Houthis

On January 17, 2025, the US Treasury imposed sanctions on the Yemen and Kuwait Bank for Commerce and Investment (YSC) for providing financial support to the Iran-backed Houthis. The sanctions aim to disrupt the Houthis' access to the international financial system and their funding for destabili...

New U.S. Sanctions Target Houthi Leader and Four Supporting Companies

New U.S. Sanctions Target Houthi Leader and Four Supporting Companies

On Wednesday, October 2, 2024, the U.S. administration announced new sanctions against a leader of the Houthi group and four companies accused of facilitating arms purchases, smuggling, and generating illicit funds for the group. According to a statement from the U.S. Department of the Treasury...