Sunday, June 13, 2021

US sanctions smuggling millions of dollars for Yemen’s Houthi movement

The United States on Thursday imposed sanctions on “members of a smuggling network” that raised millions of dollars for the Iran-affiliated Houthi movement in Yemen.

The U.S. Treasury Department has approved individuals from Yemen, Syria, the United Arab Emirates, Somalia and India. Entities in Dubai, Istanbul and the Yemeni capital Sanaa, which is controlled by Houthi, have also been approved.

“This network generates revenue of tens of millions of dollars from the sale of commodities, such as Iranian petroleum, a significant part of which is then led to the Houthis by a complex network of intermediaries and exchanges in various countries,” the Treasury said. in a statement.

The agency also said the sanctions freeze U.S. assets owned by individuals and entities, and generally prohibit Americans from doing business with them.

“The United States will maintain pressure on Houthi’s to accept a ceasefire and enter into real talks to resolve the Yemen conflict,” Foreign Minister Antony Blinken said on Twitter.

The conflict in Yemen began in 2014 when the Houthis seized the capital Sanaa and other cities in the north of the country. A Saudi-led coalition intervened in 2015 to support the internationally recognized government of Yemeni President Abd Rabbu Mansur Hadi.

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