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US Imposes Fresh Sanctions Targeting Houthi Oil Shipments
The US unveiled sanctions on 10 people, ships and companies in a fresh bid to choke off commodity revenue for Yemen’s Houthi rebels, who have disrupted trade flows through the Red Sea with repeated attacks on commercial shippers. The action targeted the network of Houthi financial facilitator Sa’id al-Jamal, who has already been subjected to repeated sanctions, the US Treasury Department said in a statement. Also among the targets was Hong Kong based-Lainey Shipping Ltd., the owner of a Panama-flagged ship called Janet that has carried sanctioned cargo. “The Houthis continue to leverage an expansive support ... (full story)
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- Posted: Jun 10, 2024 7:16pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 220
