Cash Flow: Breaking Down the Houthis’ Multibillion-Dollar Financial Networks

Global Network Research ^ | 14th May 2025 | Adam Rousselle

[SpaceBar]

Yemen-based Ansar Allah, widely known as the Houthis, continues to have a profound impact on global security. The group’s ongoing operations in the Red Sea affected an estimated US $1 trillion worth of maritime cargo between October 2023 and May 2024, and despite periodic kinetic attacks, its operations show no signs of abating. Moreover, evidence suggests the Houthis enjoy the financial and military backing of Russia and China, in addition to their established ties with Iran. This Insight explores the Houthis’ financing mechanisms, including leveraging technology to evade sanctions and the involvement of foreign facilitators with demonstrable and plausible ties to foreign governments. (article continues at link)

[Pontiac]

Moreover, evidence suggests the Houthis enjoy the financial and military backing of Russia and China,

It seems unlikely that an terrorist organization would have the support of Russia and China.

Russian and Chinese interest usually do not coincide.

[piasa]

Try reading the article.

[Pontiac]

And break tradition?!

[piasa]

Russia is well known historically for support of and training of terrorists, as is virtually every allied country they have- North Korea, Iran, etc.

[Longdriver69]

So by buying Russian diesel, Trump is helping to fund terrorism?

Art of the Deal lol

[Pontiac]

I have not seen any clear evidence of that since the fall of the USSR.

[Longdriver69]

Russia is a long-time financer of Iran. It’s not debatable.