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US sanctions Hong Kong, UAE firms over Houthi support

IndiaTimes Friday, 12 January 2024
Washington announced fresh sanctions on two companies based in Hong Kong and the United Arab Emirates, aiming to curb the financial support to Iranian-backed Houthi rebels in Yemen. This decision came shortly after US and UK forces initiated strikes against the Houthi rebels, intending to stop their repeated assaults on shipping in the Red Sea. The Houthi attacks, allegedly in protest of Israel's conflict with Hamas, have compelled cargo ships to steer clear of the Suez Canal, a vital route for global shipping.
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News video: Red Sea Crisis | US Intercepts Houthi Missile Launched From Yemen After Strikes| Oneindia News

Red Sea Crisis | US Intercepts Houthi Missile Launched From Yemen After Strikes| Oneindia News 02:30

 A US fighter jet successfully intercepted a Houthi-launched anti-ship cruise missile in the Southern Red Sea. The incident exacerbates tensions in the region, where Houthi rebels target international shipping, citing support for Palestinians. Earlier, the US and UK conducted airstrikes on Houthi...

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