US sanctions Hong Kong, UAE firms over 'financial support' to Houthi rebels

Washington, DC [US], January 13 (ANI): Amid concerns over the attacks by armed Houthi rebels on merchant vessels in Red Sea, the Office of Foreign Assets Control (OFAC) of the US Treasury Department on Friday sanctioned two shiiping companies based in Hong Kong and the United Arab Emirates for providing financial support to the Yemen-backed group.

According to a press release by the US State Department, the shipping compa