Overview

• The Treasury Department designated two Yemeni nationals and five entities for laundering money and facilitating roughly $12 million in Iranian petroleum shipments to Houthi rebels.
• Muhammad Al-Sunaydar’s network of petroleum importers was singled out for coordinating fuel deliveries between Yemen and the United Arab Emirates that finance Houthi operations.
• Deputy Secretary of the Treasury Michael Faulkender said opportunistic businessmen underpin the Houthis’ access to international financial systems and support their terrorist activities.
• These sanctions build on previous U.S. and U.K. measures and follow the January re-designation of the Houthi movement as a foreign terrorist organization.
• On July 21, Israeli forces struck Houthi positions at Hodeidah port, underscoring continued regional military pressure despite a brief shipping truce.