New US sanctions on individuals, entities funding Houthis ...Iraq

Shafaq News / The United States imposed sanctions on Thursday on 13 individuals and entities for allegedly funneling tens of millions of dollars in foreign currency to Yemen’s Houthi group from the sale and shipment of Iranian commodities. The U.S. Treasury said in a statement that the Islamic Revolutionary Guard Corps, Iran’s paramilitary and espionage force, backed the scheme involving a complex web of exchange houses and firms in multiple countries, including Yemen, Turkey, and St. Kitts and Nevis. Treasury Undersecretary Brian Nelson said funds provided by Iran have enabled recent attacks by the Houthis on commercial shipping in the Red Sea that endanger international trade. "The Houth

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