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...