The US has slapped sanctions on groups in Turkey and Yemen allegedly responsible for funnelling money to Iranian-backed Houthi rebels in a crackdown driven by their attacks on commercial vessels passing through the Red Sea.
The move by Washington expands its efforts to curb financial flows to Iranian-backed groups in the Middle East — including Hamas, Hizbollah and the Houthis — since the October 7 Hamas attacks on Israel.
Based in Yemen, the Houthis have launched a series of attacks against commercial vessels in the Red Sea and the Gulf of Aden since mid-November using missiles and drones, raising concerns about significant disruption to international trade as ships have been forced to reroute trips around the tip of South Africa.
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