America Targets Houthi Revenues with New Sanctions

The United States issued sanctions today, Wednesday, targeting two companies and two ships, which the Treasury Department stated facilitated the shipping of raw materials on behalf of a financial facilitation network for the Iran-aligned Houthi group in Yemen. The Treasury noted in a statement that "the action targets two ship-owning companies headquartered in Hong Kong and the Marshall Islands, along with two ships for their roles in shipping raw materials on behalf of a financier operating from Iran named Said Al-Jamal." The ministry added that "the revenues from the sale of raw materials support the Houthis and their attacks on international shipping operations in the Red Sea and Gulf of Aden." A post on the Treasury Department's website indicated that "Washington has imposed new sanctions related to combating terrorism on two entities and crude oil tankers."