Reference News Network, July 23 report - According to Reuters, on July 22, the United States imposed sanctions on a network of oil smuggling and sanctions evasion allegedly linked to the Houthi group in Yemen and the UAE. This is a new round of actions against this Iran-backed armed group.
The U.S. Treasury stated in a statement that the two individuals and five entities sanctioned on July 22 are important importers of petroleum products and money laundering groups benefiting the Houthi group.
Michael Falcon, Deputy Secretary of the U.S. Treasury, said: "The Houthi group collaborates with speculators to make huge profits from imported petroleum products, enabling the organization to access the international financial system."
"These dark business networks support the Houthi group's terrorist machinery, and the Treasury will use all available tools to disrupt these plans."
According to the report, one of the targets of the sanctions is Muhammad Sounaidar, whom the U.S. Treasury says manages a network of oil companies between Yemen and the UAE, and is one of the most important oil importers in Yemen. Three companies within his network were also blacklisted. (Translated by Xu Yanhong)
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