U.S. sanctions money lending network to Houthi rebels in Yemen, tied to Iranian oil sales

Responding to increased attacks on ships in the southern Red Sea by Iranian-backed Houthi rebels, the U.S. announced sanctions against 13 people and firms alleged to be providing tens of millions of dollars from the sale and shipment of Iranian commodities to the Houthis in Yemen. Treasury says that previously sanctioned Houthi and Iranian financial facilitator Sa’id al-Jamal uses a network of exchange houses and firms to help Iranian money reach the country’s militant partners in Yemen. Brian Nelson, Treasury's under secretary for terrorism and financial intelligence, said the Houthis “continue to receive funding and support from Iran, and the result is unsurprising: unprovoked attacks on civilian infrastructure and commercial shipping, disrupting maritime security and threatening international commercial trade."