"Financial institutions like [International Bank of Yemen] are critical to the Houthis' efforts to access the international financial system and threaten both the region and international commerce," Deputy Treasury Secretary Michael Faulkender said in a statement.
China rejected U.S. appeals to stop satellite imagery support used in Houthi missile strikes
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Banks like IBY are crucial to Houthi efforts to access the world’s financial system and threaten both regional and international commerce, said Deputy Treasury Secretary Michael Faulkender.
U.S. launches strikes against Houthi-controlled oil facilities , sanctions Houthi-controlled banks
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