The United States government announced Thursday new sanctions on the International Bank of Yemen (IBY) over its financial support for the Iran-backed Houthi militia. In addition to the bank itself, the sanctions list includes three senior executives: Kamal Hussein al-Jabri, Ahmed Thabet Numan al-Abbasi, and Abd al-Qader Ali Bazara.<\/p>\n
\u201cProtecting Global Commerce\u201d<\/strong> \u201cWe are committed to disrupting Houthi financial networks and isolating their influence on Yemen\u2019s banking system,\u201d the statement read.<\/p>\n The sanctions were imposed under the authority of Executive Order 13224 (as amended), which enables the U.S. to take action against those supporting terrorist organizations. This step follows the re-designation of the Houthis (Ansar Allah) as a Specially Designated Global Terrorist (SDGT) group and a Foreign Terrorist Organization (FTO)\u2014classifications that came into effect in February and March 2025, respectively.<\/p>\n Support for Yemen\u2019s Legitimate Government<\/strong> Washington ramps up financial pressure on Yemen: Sanctions target major financial institution and senior officials over economic support to the Iran-backed Houthi militia.<\/p>\n","protected":false},"author":8,"featured_media":20008,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,6],"tags":[1531,1539,2690,4345,2688,1532],"class_list":["post-20007","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics","category-security","tag-houthis","tag-iran","tag-sanctions","tag-terrorism-financing","tag-trump-administration","tag-yemen"],"yoast_head":"\n
\nAccording to State Department spokesperson Tammy Bruce, the move is part of broader efforts to disrupt the Houthis\u2019 ability to finance attacks on commercial shipping in the Red Sea\u2014attacks that have escalated in recent months and posed a threat to international trade.<\/p>\n
\nThe announcement emphasized that the United States is coordinating closely with Yemen\u2019s internationally recognized government to protect the country\u2019s financial system from Houthi infiltration\u2014part of a broader strategy to counter Iran-backed terrorist networks across the region.<\/p>\n","protected":false},"excerpt":{"rendered":"