U.S. Treasury sanctions vessels and individuals related to Houthi forces.
ByAinvest
Monday, Apr 28, 2025 11:13 am ET1min read
U.S. Treasury sanctions vessels and individuals related to Houthi forces.
The U.S. Treasury Department has announced new sanctions on vessels and individuals linked to Houthi forces, aiming to disrupt their financial support network. The sanctions, which were imposed on April 23, 2025, target key figures and assets involved in the illegal procurement of weapons and commodities from Russia for the Houthi-controlled areas in Yemen [1].The Treasury Department's Office of Foreign Assets Control (OFAC) has designated eight digital asset wallets and several individuals and entities involved in the procurement of weapons and sensitive goods from Russia. The sanctions are part of a broader effort to counter the Houthi network's activities, which include the smuggling of stolen Ukrainian grain and the procurement of weapons [1].
The sanctions come amid ongoing talks between the U.S. and Iran over Iran's nuclear enrichment program. The U.S. has been increasing its military presence in the region, including reinforcing Israel's air defense capabilities, as a precautionary measure in case the talks collapse. This move has been seen as a signal of the U.S.'s commitment to maintaining pressure on Iran and its proxies [2].
The new sanctions are expected to have a significant impact on the Houthi network's ability to fund its operations and acquire weapons. The Treasury Department has stated that the sanctions are part of the maximum pressure campaign and are in line with Executive Order (E.O.) 13902. The sanctions will prevent any U.S.-based assets from being used without authorization from the Treasury's OFAC [1].
The U.S. has been actively working with its allies to enforce sanctions against Iran and its proxies. The U.S. Secretary of State, Marco Rubio, emphasized the importance of ending the war in Ukraine and has warned that the U.S. will pause peace efforts if there are no clear signs of progress soon. The U.S. has also been coordinating with the EU to enforce sanctions against Russia and its proxies [2].
The sanctions against the Houthi network are a significant step in the U.S.'s ongoing efforts to counter Iran's destabilizing activities in the region. The U.S. has been working to disrupt the flow of funds and weapons to the Houthi network, which has been a major source of support for Iran's nuclear weapons development and other destabilizing activities [1].
References:
[1] https://allisrael.com/us-sanctions-iranian-shipping-magnate-alleging-he-aided-the-country-evade-us-sanctions
[2] https://www.mayerbrown.com/en/insights/publications/2025/04/russia-ukraine-sanctions-update-month-of-april-2025

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