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Trying to disrupt the financial networks supporting the Iran-backed Houthi movement, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) on Friday designated 21 individuals and entities, including one vessel and a number of ship captains involved in delivering oil products. “Treasury will use all tools at its disposal to expose the networks and individuals enabling Houthi terrorism,” said treasury secretary Scott Bessent. The Houthis have backed off their campaign targeting commercial shipping in the Red Sea and the Gulf of Aden in the past few months, leading many ship operators to reconsider transiting the Suez Canal on voyages between Asia and Europe. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsUnited States Yemen
US Treasury targets ship captains in latest sanctions drive
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