Treasury Sanctions Houthi Illicit Oil Trading and Shipping (Press Release)

Date issued: Jun. 20 2025

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TURBOFAC Commentary (79 words)

Notes:

1) Compare Treasury Targets Vessels Delivering Oil Derivatives to the Houthis (Press Release). This is, in part, a similar set of designations aimed at targeting non-U.S. entiteis for facilitating oil imports into Houthi-controlled Yemen ports after the expiration of GTSR GL 25A. The press release is notable for the statement that "[p]roviding material support to the Houthis...carries acute sanctions risk," an unusual and strong statement of policy as it relates to Houthi-related secondary sanctions risks.