The Houthis in Yemen continue to receive vast revenues from the illicit shipment of Iranian commodities. This funding stream enables the Houthis’ ongoing attacks against commercial shipping in the Red Sea and surrounding waterways. Today, the United States is sanctioning an additional two individuals and five entities, as well as identifying five vessels as blocked property, for being associated with these schemes.
These actions aim to disrupt the network run by U.S.-designated facilitator Sa’id al-Jamal that is financing the Houthis and their destructive activities in the region. Today’s targets form part of a multifaceted illicit operations network, ranging from clients and facilitators to insurance providers, vessels, and ship management firms. We will continue to use all available tools to disrupt funding streams that enable the Houthis to continue their destabilizing activity in the region.
