https://arab.news/4xn62
- Among those targeted was Muhammad Al-Sunaydar, who the Treasury said manages a network of petroleum companies and was one of the most prominent petroleum importers in Yemen
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 benefit the Houthis.
“The Houthis collaborate with opportunistic businessmen to reap enormous profits from the importation of petroleum products and to enable the group’s access to the international financial system,” said Deputy Secretary of the Treasury Michael Faulkender.
“These networks of shady businesses underpin the Houthis’ terrorist machine, and Treasury will use all tools at its disposal to disrupt these schemes.”
Among those targeted was Muhammad Al-Sunaydar, who the Treasury said manages a network of petroleum companies and was one of the most prominent petroleum importers in Yemen.
Three companies in his network were also designated, with the Treasury saying they coordinated the delivery of $12 million worth of petroleum products with a US-designated company to the Houthis.
Since Israel’s war in Gaza began in October 2023, the Houthis have been attacking vessels in the Red Sea in acts of solidarity with the Palestinians.
In January, the US re-designated the Houthi movement as a foreign terrorist organization, aiming to impose harsher economic penalties in response to its attacks on ships.