WASHINGTON: The US has sanctioned 18 businesses and individuals, two of whom are Indian, for their alleged relations to a Houthi system that transports Iranian oil, which generates revenue to support Houthi attacks on Israel and impede shipping in the Red Sea area.
The treasury department’s Office of Foreign Assets Control ( OFAC ) sanctioned the companies for their ties to the Islamic Revolutionary Guard Corps-Quds Force-backed Houthi financial official Sa’id al-Jamal and his network, a press release said on Thursday.
Changtai Shipping and Motionavigations Limited, one of the 18 firms that are registered in the Marshall Islands, and Indo Gulf Ship Management, one of the UAE, are among the 18 companies sanctioned. The two Indians sanctioned are linked to the Indo Gulf Ship Management, according to the government office.
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