Treasury Targets Houthi Weapons Procurement Networks
WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is sanctioning two individuals and four companies…
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WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is sanctioning two individuals and four companies that have facilitated weapons procurement for Ansarallah, commonly referred to as the Houthis. Since November 2023, the Houthis have deployed a range of unmanned aerial vehicles (UAVs), ballistic missiles, and cruise missiles to attack U.S. military forces, merchant vessels, their crews, and civilian populations in Israel. To undertake their reckless campaign targeting U.S. and allied interests, the Houthis rely on a global network of procurement operatives, shipment facilitators, and suppliers to procure and transport dual-use components and equipment needed to manufacture and deploy a range of advanced weapons systems.
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