HomeFutures and CommoditiesSanctions on Houthis for Red Sea attacks are now in place following...

Sanctions on Houthis for Red Sea attacks are now in place following US action.

US Sanctions Against Houthis for Red Sea Attacks Take Effect

Sanctions against Houthis

U.S. sanctions labeled “Specially Designated Global Terrorist” against Houthis due to their involvement in attacks on commercial shipping in the Red Sea became active on Friday, according to a statement on the U.S. Department of Treasury’s website.

Yemen-based rebel groups

The U.S. government made the decision last month to reclassify the rebel groups based in Yemen as global terrorist groups in an effort to combat attacks on international shipping.

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