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U.S. announces sanctions on International Bank of Yemen and cites Chinese firm for supporting Houthi attacks

3051738 · April 18, 2025
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Summary

The U.S. Department of State announced in a statement that it has sanctioned the International Bank of Yemen and key leaders for supporting the Houthis and said Chang Guang Satellite Technology Company Limited directly supported Iran-backed Houthi attacks on U.S. interests.

The U.S. Department of State announced in a statement that it has sanctioned the International Bank of Yemen and key leaders of that bank for providing financial support to the Houthis and said Chang Guang Satellite Technology Company Limited has directly supported Iran-backed Houthi attacks on U.S. interests.

The statement, attributed to a State Department…

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