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Red Sea Shipping Attacks

All articles tagged with #red sea shipping attacks

"US-China Back-Channel Talks Fail to Secure Cooperation on Red Sea Shipping Security"
international-relations2 years ago

"US-China Back-Channel Talks Fail to Secure Cooperation on Red Sea Shipping Security"

The US failed to persuade China to pressure Iran to stop Houthi attacks on Red Sea shipping during two days of talks in Bangkok, with no sign of China using its economic influence on Iran to address the threat to global supply chains. Efforts to prod Beijing to influence North Korea and ease tensions with South Korea have also hit a wall, while discussions on the Burma conflict showed more promise. The meeting highlighted China's reluctance to support US initiatives in international crises, despite progress in other areas such as counternarcotics cooperation and military contacts.

US Imposes Sanctions on Houthi Rebels' Funding Network Amid Red Sea Shipping Attacks
international-relations2 years ago

US Imposes Sanctions on Houthi Rebels' Funding Network Amid Red Sea Shipping Attacks

The United States has imposed sanctions on 13 individuals and entities for allegedly funneling tens of millions of dollars to Yemen's Houthi group from the sale and shipment of Iranian commodities. The U.S. Treasury stated that the Islamic Revolutionary Guard Corps backed the scheme, which involved a complex network of exchange houses and firms in multiple countries. The funds provided by Iran have enabled recent attacks by the Houthis on commercial shipping in the Red Sea, endangering international trade. The sanctions freeze assets and prohibit transactions with the targeted individuals and entities.