The United States Treasury Department sanctioned members of a smuggling network that US officials assert helps fund Iran’s Islamic Revolutionary Guard Corps and Iran-aligned Houthi fighters in Yemen.
Treasury officials say the network, allegedly led by Iran-based Houthi financier Sa’id al-Jamal, directs funds from the sale of Iranian petroleum through a complex web of intermediaries and exchange houses in multiple countries to the Houthis in Yemen.
Andrea Gacki, director of Treasury’s Office of Foreign Assets Control says the attacks undermine efforts to bring the conflict to an end and, most tragically, starve tens of millions of innocent civilians.