The United States has imposed sanctions on a Houthi financing network of 10 individuals, ships, and companies in an attempt to cut off their access to their primary sources of funding.

This tough step comes in response to repeated Houthi attacks on commercial ships in the Red Sea, which caused a crisis in maritime traffic and harmed global trade.

According to a US Treasury Department statement, the new sanctions specifically target the network of a prominent Houthi financial facilitator who has previously faced previous sanctions.

The sanctions also include Hong Kong-based Line Shipping Company, the owner of the Panama-flagged ship “Janet” that was caught carrying sanctioned goods.

Treasury Undersecretary Brian Nelson described the Houthis’ financial network as a “vast support network” used to “facilitate their illicit activities, including concealing the origin of goods, forging shipping documents, and providing services to sanctioned ships.”

These new sanctions are part of an ongoing pressure campaign led by the United States of America and its allies against the Houthis. Air strikes have been launched, and multiple sanctions have been imposed in recent months.

Houthi attacks on maritime navigation in the Red Sea remain a major challenge. Which emphasizes the need to take further measures to stop these actions and restore security and stability to the region.

This tough step by the United States comes as part of its effort to stop the flow of money to the Houthis and push them to negotiate a peaceful solution to the conflict in Yemen. These sanctions also aim to send a message that the United States will not tolerate the Houthis targeting international maritime navigation and that it will continue to use all available means to stop these actions.