The United States has issued sanctions targeting Hezbollah and Houthi trade networks as it increases pressure on Iranian-supported groups.
The US Treasury Department said in a statement that it targeted individuals, entities, and ships accused of being involved in the shipment of Iranian commodities, including oil and liquefied petroleum gas (LPG), to Yemen and the United Arab Emirates on behalf of a Houthi financial official’s network.
It also targeted Hezbollah shipments of LPG, including the designation of a Hong Kong-based ship manager and operator, as well as several tankers.
"Today’s action underscores our continued commitment to disrupting Iran’s primary source of funding for its regional terrorist proxies like the Lebanese [Hezbollah] and the Houthis," Treasury’s Acting Under Secretary for Terrorism and Financial Intelligence, Bradley Smith, said in a statement.
"Our message is clear: those who seek to finance these groups’ destabilizing activities will be held to account."
The US Treasury Department said in a statement that it targeted individuals, entities, and ships accused of being involved in the shipment of Iranian commodities, including oil and liquefied petroleum gas (LPG), to Yemen and the United Arab Emirates on behalf of a Houthi financial official’s network.
It also targeted Hezbollah shipments of LPG, including the designation of a Hong Kong-based ship manager and operator, as well as several tankers.
"Today’s action underscores our continued commitment to disrupting Iran’s primary source of funding for its regional terrorist proxies like the Lebanese [Hezbollah] and the Houthis," Treasury’s Acting Under Secretary for Terrorism and Financial Intelligence, Bradley Smith, said in a statement.
"Our message is clear: those who seek to finance these groups’ destabilizing activities will be held to account."
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