OFAC

US Sanctions 18 Entities and Vessels Tied to Financing Houthis

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned eighteen entities, including companies, individuals, and vessels, for their connection to Sa’id al-Jamal, a finance official linked to the Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) and the Houthi movement. These sanctions target individuals ...

US Sanctions Against Iranian Entities Financing the Houthis

The US Treasury’s Office of Foreign Assets Control (OFAC) designated one individual and three entities responsible for facilitating the flow of Iranian financial assistance to Houthi forces and their destabilizing activities, mainly in the Red Sea. Among those designated on Thursday is the head of the Currency Exchangers Association in Sana’a ...