US Imposes Sanctions on Houthi Revenue Networks

The United States has announced a new round of sanctions targeting entities that have generated substantial revenue for Yemen’s Houthi movement, in a move aimed at disrupting the group’s financial networks and reducing its ability to carry out destabilizing operations in the region.

According to a statement from the US State Department, the sanctions affect a range of actors, including vessels, their owners and operators, who have breached US sanctions, as well as front companies and Houthi-linked individuals involved in illicit trade and smuggling. 

The measures form part of a broader strategy to undermine the Houthis’ financial infrastructure.

The US administration confirmed that the objective is to deny the Houthis access to resources that enable them to continue their aggressive and destabilizing activities, particularly those threatening regional maritime security and international military forces.

The sanctions were imposed under Executive Order 13224, as amended, which provides the legal framework for counterterrorism sanctions.

The US State Department has officially designated the Houthi group as a global terrorist organization.