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US sanctions International Bank of Yemen, top officials

ReutersApr 17, 2025 2:48 PM

WASHINGTON, April 17 (Reuters) - The United States on Thursday issued new sanctions targeting the International Bank of Yemen (IBY), citing its financial support for the Houthis, the Iran-backed group that has waged attacks on commercial ships in the Red Sea, a Treasury Department statement said.

The U.S. is also sanctioning IBY leaders or officials, the statement said.

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