U.S. Treasury Designates Entities and Individuals Supporting Houthi Terrorism
The U.S. Treasury's OFAC has designated 21 individuals and entities, along with one vessel, linked to the Iran-backed Houthis for their roles in oil transfer, weapon procurement, and financial services, aiming to disrupt their $2 billion annual revenue from illicit oil sales. This action follows the Houthis' designation as a Foreign Terrorist Organization in March 2025 and highlights efforts to expose networks facilitating Houthi terrorism, including recent attempts to acquire aircraft for smuggling. The vessel ALBARRAQ Z is specifically noted for facilitating oil deliveries to Houthi-controlled ports.

The U.S. Treasury's OFAC designated 21 individuals and entities, and identified one vessel linked to the Iran-backed Houthis for transferring oil, procuring weapons, and providing financial services. This move aims to disrupt financial networks supporting the Houthis, which generate over $2 billion annually from illicit oil sales.
Key designated entities include Wadi Kabir Co., Rabya for Trading FZC, and Albarraq Shipping Co. The designation follows previous actions against the Houthis, designated as a Foreign Terrorist Organization in March 2025.
OFAC aims to expose networks facilitating Houthi terrorism, including recent attempts to acquire aircraft for smuggling operations. The vessel ALBARRAQ Z is identified as linked to Albarraq Shipping Co, which facilitated oil deliveries to Houthi-controlled ports.




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