U.S. Embassy in Yemen Reveals Houthi Financing Network Through Sanctioned Companies & Intermediaries
According to the embassy, multiple Yemen-based entities have been actively involved in purchasing weapons components and smuggling petroleum products through Houthi-controlled ports such as Hodeidah, Ras Isa, and Salif.
These operations reportedly generate millions of dollars monthly, fueling the group's armed capabilities and expanding its political footprint.
Entities Sanctioned by the U.S. Treasury :
- Black Diamond Petroleum Derivatives
- Yahya Al-Asili Import Ltd.
- Royal Plus Maritime and Commercial Agencies
- Star Plus Yemen
- Yemen Elaf for Petroleum Imports
- Tamco Petroleum Products
- Zahraa Trading & Agencies
- Abbot Trading Ltd.
- Gasoline Aman Co.
In addition to corporate sanctions, the U.S. has blacklisted two vessels and their owners for unloading petroleum products in violation of licensing restrictions.
'The evidence is clear, and our sanctions are targeted,' the embassy stated, reinforcing Washington's commitment to disrupting financial lifelines that enable the Houthis' military actions. The group was officially designated as a Global Terrorist Organization in March 2025, expanding the scope of punitive measures available under U.S. law.
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