US Sanctions network financing Houthis with illicit sale of Iranian oil

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Abdi Nasir Ali Mahamud

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The US has leveled sanctions against a Yemeni network that the Biden administration accuses of working with Iran’s Revolutionary Guards (IRGC) to transfer tens of millions of dollars to Yemen’s Houthi rebels.

At the same time, the US also announced that it is lifting sanctions from three former Iranian officials and two companies, saying that the US had “verified a change in status or behavior” on their part.

Secretary of State Antony Blinken in a statement announced both decisions Thursday saying the money from the sanctioned network came from illicit sales of Iranian petroleum and other commodities throughout the Middle East.

The moves come as the Biden administration is trying both to press the Iranian-linked Yemen rebels into peace talks for the war in Yemen, and to close a deal returning the United States and Iran to an accord on Iran’s nuclear program.

International officials and analysts say Iran has increased its material support to Yemen’s Houthi rebels as the war in the Arab nation of Yemen passes the six-year mark. The Biden administration also has announced it is lifting sanctions on three former Iranian officials and two companies that it said had been involved in banned petroleum sales.

International officials and analysts say Iran has increased its material support to Yemen’s Houthi rebels as the war in the Arab nation passes the six-year mark.

Source » iranintl

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