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19h ago

US Sanctions Target Shipping Firms Supplying Fuel to Houthis

The Treasury Department's measures aim to disrupt revenue streams funding Houthi maritime attacks in the Red Sea.

Protesters, predominantly supporters of the Houthi movement, hold up their weapons as they rally to demonstrate solidarity with Palestinians, vowing that U.S. airstrikes would not deter their support, in Sanaa, Yemen April 25, 2025. REUTERS/Khaled Abdullah
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Overview

  • The United States sanctioned three shipping companies—Zaas Shipping & Trading Co., Bagsak Shipping Co., and Great Success Shipping Co.—and their vessels for delivering oil and gas to Houthi-controlled ports in Yemen.
  • The sanctions block these entities from conducting business with the U.S. and impose penalties for violations, cutting off a key revenue source for the Houthis.
  • The targeted vessels, including the Tulip BZ, Maisan, and White Whale, were used to deliver fuel to the Ras Isa port in April 2025, with some also linked to Iranian and Russian oil transport.
  • The measures complement ongoing U.S. military airstrikes on Houthi targets in Yemen, aimed at deterring attacks on commercial shipping in the Red Sea.
  • The Houthi group, designated as a Foreign Terrorist Organization in March 2025, has escalated maritime aggression, disrupting international trade and raising global shipping costs.