US Treasury Sanctions Funders of Houthi Rebels
The U.S. Treasury Department, through its Office of Foreign Assets Control (OFAC), designated individuals and vessels linked to Iran-based Houthis in the Red Sea as blocked property. These sanctions target illicit financial activities supporting the Houthis’ destabilizing actions, with a focus on Sa’id al-Jamal’s network financing Yemen-based attacks on commercial shipping.
