The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced its most extensive action to date against the Iran-backed Ansarallah, commonly known as the Houthis. The new sanctions target a significant network comprising four individuals, 12 entities, and two ve...
On December 19, 2024, the U.S. Department of the Treasury announced a new round of sanctions targeting six Houthi leaders and five money exchange and shipping companies involved in the illicit arms trade, money laundering, and the illegal shipment of Iranian oil to the Houthi group. According t...
On November 14, 2024, the U.S. government announced new sanctions against 26 companies, individuals, and a vessel linked to the Qatergy Company, which is accused of financing the Houthi group, designated as a terrorist organization, and Iran's Quds Force. According to a statement from the U...
The US Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions on Monday against Yemeni businessman Hamid Abdullah Hussein al-Ahmar and nine of his companies for allegedly providing material support to Hamas. According to a Treasury statement, al-Ahmar, a Yemeni citizen residi...