US EditionUS Targets Houthis with Fresh Sanctions Action
YEMEN AND UNITED ARAB EMIRATES, JUL 22 – The sanctions block property and transactions of two individuals and five entities linked to the Iran-backed Houthis, disrupting a petroleum network generating hundreds of millions annually, the U.S. Treasury said.
- In fresh action, the United States imposed sanctions on the Houthi-linked petroleum smuggling network across Yemen and the United Arab Emirates, targeting Iran-backed militants.
- Last Tuesday, the Office of Foreign Assets Control targeted a network involved in petroleum smuggling and money laundering benefiting the Houthis, building on recent measures against their revenue sources.
- In Sana'a, Al-Saida Stone for Trading and Agencies made suspicious bulk coal purchases totaling about six million euros, Treasury said, highlighting illicit business fronts used for Houthi funding.
- Under OFAC rules, assets of the Houthi network are blocked, and U.S. persons must report them; `these networks underpin the Houthis' terrorist machine and Treasury will use all tools to disrupt these schemes,' said Deputy Secretary Michael Faulkender.
- Recently, Treasury officials revealed that as of June 2025, Iranian-affiliated companies facilitated payments to Houthi-affiliated oil companies, risking future funding stability.
24 Articles
24 Articles
US targets Houthis with fresh sanctions
WASHINGTON: The US on Tuesday imposed sanctions on what it said was a Houthi-linked petroleum smuggling and sanctions evasion network across Yemen in fresh action targeting the militant group. The US Treasury Department in a statement said the two individuals and five entities sanctioned were among the most significant importers of petroleum products and money launderers that
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GV WireUS Targets Houthis With Fresh Sanctions Action
The United States on Tuesday imposed sanctions on what it said was a Houthi-linked petroleum smuggling and sanctions evasion network across Yemen and the United Arab Emirates in fresh action targeting the Iran-backed terrorist group. The US Treasury Department in a statement said the two individuals and five entities sanctioned on Tuesday were among the most significant importers of
The Trump administration announced Tuesday a new set of sanctions against an alleged oil smuggling network that, in addition to generating personal profits, has strengthened the capabilities of the Yemeni Houthi rebels…
The United States imposed new sanctions on Monday against an oil smuggling and sanctions evasion network targeting Yemen's Houthi rebels across Yemen and the United Arab Emirates, the US Treasury Department said.
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