The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has taken action against three vessels and their owners for delivering petroleum products to Houthi-controlled ports after the…
houthi sanctions
U.S. Treasury Sanctions Yemen Bank for Supporting Houthi Attacks in Red Sea
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned the International Bank of Yemen Y.S.C. (IBY) for providing financial support to the Iran-backed Houthi group….
https://gcaptain.com/u-s-treasury-sanctions-yemen-bank-for-supporting-houthi-attacks-in-red-sea/
Yemen’s Houthis Won’t ‘Dial Down’ Under US Pressure or Iranian Appeals
Yemen’s Houthis will not “dial down” their action against Israeli shipping in the Red Sea in response to U.S. military pressure or appeals from the group’s allies such as Iran, the Yemeni militant group’s foreign minister said.
https://gcaptain.com/yemens-houthis-wont-dial-down-under-us-pressure-or-iranian-appeals/
OFAC Sanctions Reveal Houthis Coordinated Safe Passage for Russian and Chinese Ships Through Red Sea
New sanctions by the U.S. Treasury’s Office of Foreign Assets Control (OFAC) have revealed that Houthi leaders actively coordinated with Russian and Chinese officials to ensure their vessels would not…
U.S. Treasury Sanctions Yemen Kuwait Bank for Financing Houthi Attacks on Red Sea Shipping
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on Yemen Kuwait Bank for Trade and Investment Y.S.C for providing financial support to the…
Treasury Slaps Additional Sanctions on Iran’s Oil Smuggling Machine
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on 26 entities, individuals, and vessels linked to the Al-Qatirji Company, a Syrian conglomerate at…
https://gcaptain.com/treasury-slaps-additional-sanctions-on-irans-oil-smuggling-machine/
U.S. Sanctions Additional Ships and Captains in Iranian Oil Smuggling Network Linked to Houthi Attacks
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed additional sanctions on 18 entities, individuals, and vessels linked to the sprawling illicit shipping network funding…
US Sanctions Ships Linked to Illicit Houthi and Iranian Oil Shipments
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has taken its latest action against Houthi-linked weapons procurement and vessels involved in illicit oil shipments supporting Houthi…
https://gcaptain.com/us-sanctions-ships-linked-to-illicit-houthi-and-iranian-oil-shipments/
U.S. Imposes Additional Sanctions Targeting Houthi and Hizballah Trade Networks
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued additional sanctions against multiple entities and individuals involved in shipping Iranian commodities to Yemen and the…
https://gcaptain.com/u-s-imposes-additional-sanctions-targeting-houthi-and-hizballah-trade-networks/
Western Sanctions, Houthi Attacks Boost Appeal of Russia’s Arctic Sea Route
By Eleanor Thornber and Julian Lee (Bloomberg) –Russia’s first oil shipment of the year is traveling through the nation’s Northern Sea Route to China, with more vessels expected to follow…
https://gcaptain.com/western-sanctions-houthi-attacks-boost-appeal-of-russias-arctic-sea-route/