The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) unveiled its largest sanctions to date against the Houthis, designating 32 individuals and entities, including a Dubai shipmanager as well as four vessels – two MRs and two handy tankers
“The Houthis continue to threaten US personnel and assets in the Red Sea, attack our allies in the region, and undermine international maritime security in coordination with the Iranian regime,” said under secretary of the treasury for terrorism and financial intelligence John Hurley. “We will continue applying maximum pressure against those who threaten the security of the United States and the region.”
United Arab Emirates-based Tyba Ship Management owned by Muhammad Al-Sunaydar, a Houthi-linked businessman, was one of the entities singled out by treasury yesterday as were a host of Chinese businesses, alleged to have helped funnel cash and materials to the Houthis.