Treasury Targets Companies and Vessels Behind Illicit Houthi Shipments

WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is sanctioning ten individuals, entities, and vessels, including tanker captains, in multiple jurisdictions that have engaged in the illicit transport of oil and other commodities, including for the network of Houthi financial facilitator Sa’id al-Jamal. This action targets maritime shipping and financial facilitators, several vessel managers and owners, and a company involved in forging shipping documents. Today’s action, the seventh round of sanctions targeting the network of Sa’id al-Jamal since October 2023, underscores the U.S. government’s commitment to isolating and disrupting the financing of international terrorist groups such as the Houthis.“The Houthis continue to leverage an expansive support network to facilitate their illicit activities, including hiding the origin of cargo, forging shipping documents, and providing services to sanctioned vessels,” said Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E.