US sanctions money flows to Houthis, container fleet boycotts Red Sea
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The US imposed sanctions on a group of money exchange services on Friday AEDT from Yemen and Turkey alleged to help provide funding to Iranian-backed Houthi rebels who have been launching attacks on commercial shipping vessels in the southern Red Sea.

Half of the container-ship fleet that regularly transits the Red Sea and Suez Canal is avoiding the route now because of the threat of attacks, according to new industry data.

https://www.afr.com/world/middle-east/us...229-p5eu4r
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