US, UK Issue Iran, Houthi Sanctions
The U.S. and U.K. this week announced coordinated designations against Iran and the Yemen-based Houthis for their roles in carrying out attacks on commercial cargo ships in the Red Sea and the Gulf of Aden.
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
Both the Office of Foreign Assets Control and the U.K.’s Office of Financial Sanctions Implementation sanctioned Mohammad Reza Falahzadeh, a deputy commander of Iran’s Islamic Revolutionary Guard Corps-Qods Force, for helping to support the Houthis through weapons shipments, intelligence sharing and training.
OFAC also sanctioned Hong Kong-based Cap Tees Shipping Co., Limited and its vessel, the Artura, for transporting Iranian commodities on behalf of a network led by Sa’id al-Jamal, an IRGC-QF-backed Houthi financial facilitator. OFAC previously sanctioned al-Jamal, and the U.K. sanctioned him as part of its notice this week.
OFAC also designated Houthi member Ibrahim al-Nashiri for supporting the group’s “militant efforts.” The U.K. designated IRGC-QF Unit 190, Unit 340 and Unit 6000, and in a separate notice designated Ali Hussein Badr Al Din Al-Houthi, the interior undersecretary and security forces commander for the Houthis.