Overview

• The United States sanctioned a global network led by Sa’id al-Jamal, a senior Houthi financial operative backed by Iran’s Islamic Revolutionary Guard Corps.
• Russian-based Afghan businessmen Hushang and Sohrab Ghairat were named for aiding in the shipment of stolen Ukrainian grain and other goods to Yemen.
• The network procured tens of millions of dollars' worth of weapons, dual-use materials, and commodities from Russia to support Houthi operations.
• Eight digital asset wallets used by the Houthis to transfer illicit funds were identified as part of the sanctions effort.
• The Houthis have used materials from this network to launch attacks on Red Sea shipping, threatening global trade and regional stability.