For all the costly hardware the U.S. and its allies have thrown at Houthi rebels, they haven’t been able to stop the attacks on freighters and warships in the Red Sea.
Lawyers for Fractal Marine DMCC, argued that the company, which was set up in early 2022, would be forced into liquidation unless the measures were lifted.
The U.S. Department of the Treasury claims that a vessel
owned by Vishnu Inc. has been involved in "illicit shipments" to China, in support of Iran-backed Houthis.