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Jun 19, 2025  |  
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Mike Brest, Defense Reporter


NextImg:US sanctions more than a dozen involved in Houthis' financing amid repeated attacks

The Treasury Department announced sanctions against 13 people and entities it said are responsible for providing the Houthi rebels in Yemen tens of millions of dollars.

This network, which the department described as a complex web of exchange houses and companies based in Yemen, Turkey, and St. Kitts and Nevis, provided the Houthis tens of millions of dollars from the sale and shipment of Iranian products, backed by the Islamic Revolutionary Guard Corps Quds Force.

PENTAGON UNSATISFIED WITH TUBERVILLE LIFTING OF MOST HOLDS ON DOD NOMINEES

Iran-based Houthi financial facilitator Sa’id al Jamal worked with Bilal Hudroj of Lebanon-based Hodroj Exchange, who coordinated financial transfers with Turkey-based Ahmet Duri, the owner of a jewelry store and money exchanger known as the Jawhirah Exchange. Abu Sumbol General Trading handled funds on Jamal's behalf while he transferred millions of dollars to Davos Exchange and Remittances Company General Partnership, an exchange house established by Jamal and a family member, Khaled Yahya Rageh Alodhari. International businessman Fadi Deniz also organized shipments on Jamal's behalf, while his company, Deniz Capital Maritime Inc., was established in St. Kitts.

“The Houthis continue to receive funding and support from Iran, and the result is unsurprising: unprovoked attacks on civilian infrastructure and commercial shipping, disrupting maritime security and threatening international commercial trade,” Undersecretary of the Treasury for Terrorism and Financial Intelligence Brian Nelson said. “Treasury will continue to disrupt the financial facilitation and procurement networks that enable these destabilizing activities.”

The Houthis declared their intent to target Israeli-linked ships due to the war between Israel and Hamas. Both Hamas and the Houthis have ties to Iran, which aids both groups, among others in the region.

Houthi militants have carried out a series of missile and drone attacks against commercial vessels in the Red Sea and the Gulf of Aden, while U.S. military personnel responded to distress calls from the attacked ships. The USS Mason, a Navy guided-missile destroyer, shot down a drone on Wednesday that originated from Houthi-controlled territory, a defense official told the Washington Examiner.

CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER

Last weekend, three commercial vessels were targeted by missiles that were fired from Houthi-controlled areas of Yemen, while the USS Carney, which responded to distress calls from the ships, shot down multiple drones heading toward it.

"We have every reason to believe that these attacks, while they were launched by the Houthis in Yemen, were fully enabled by Iran," national security adviser Jake Sullivan said earlier this week.