Houthis answer US sanctions with bank seizure, extending their economic control


In depth
Issue 1129 - 01 Jul 2021 | 5 minute read

Yemen’s war economy continues to drive the armed conflict and influence the pace of ceasefire negotiations. While political negotiations continue, Houthi leaders are securing their long-term economic interests.

The United States Department of the Treasury sanctioned a network of financiers and smugglers linked to the Sanaa-based Houthis on 10 June.

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