(Adnkronos) – The United States has imposed sanctions against what it has called an oil smuggling and sanctions evasion network linked to the Houthis, operating between Yemen and the United Arab Emirates. The US Treasury Department announced this in a statement explaining that the two individuals and five entities sanctioned are among the largest importers of petroleum products and money launderers for the benefit of the Houthis, an Iranian-backed group.
“The Houthi rebels collaborate with opportunistic entrepreneurs to obtain huge profits from the import of petroleum products and to allow the group access to the international financial system. These opaque business networks are the basis of the Houthi terrorist machine, and the Treasury will use all the tools at its disposal to hinder these schemes,” said Deputy Treasury Secretary Michael Faulkender.
