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(Bloomberg) Sam Dagher - The U.S. and its allies are raising the stakes in their struggle to curb ship attacks by Houthi militants in the Red Sea by increasingly blocking their revenue sources. Washington has told parties to a peace deal intended to end an almost decade-long war in Yemen, including Saudi Arabia, that key elements of the UN-led plan, committed to in December, can't go ahead unless the Iran-backed group ends its seven-month hostile maritime campaign. That would have included the disbursal of at least $1.5 billion in civil-servant salaries by Riyadh to Houthi-controlled territories. 2024-06-09 00:00:00Full Article
U.S. Seeks to Up Pressure on Houthis in Yemen
(Bloomberg) Sam Dagher - The U.S. and its allies are raising the stakes in their struggle to curb ship attacks by Houthi militants in the Red Sea by increasingly blocking their revenue sources. Washington has told parties to a peace deal intended to end an almost decade-long war in Yemen, including Saudi Arabia, that key elements of the UN-led plan, committed to in December, can't go ahead unless the Iran-backed group ends its seven-month hostile maritime campaign. That would have included the disbursal of at least $1.5 billion in civil-servant salaries by Riyadh to Houthi-controlled territories. 2024-06-09 00:00:00Full Article
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