OFAC targets 21 individuals, entities, and a vessel for fueling Iran-backed Houthi operations in Yemen through oil transfers, weapons procurement, and financial support

OFAC action targets a network of front companies, facilitators and operators in Yemen, Oman and the UAE that transfer oil products, provide financial services, procure weapons and support the Iran-backed Houthis’ ability to generate over $2 billion annually in illicit revenue and conduct regional attacks. It uses counterterrorism authorities under Executive Order 13224 to block property and disrupt the financial conduits linking the group to Iran’s regime, reinforcing U.S. efforts to cut off funding for terrorist objectives…