Treasury targets Houthi oil revenue, building on US sanctions against the group

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In late June, the US Treasury Department sanctioned the largest group of Houthi-connected entities, individuals, and vessels so far. The action targets oil importations and sales, which are a key revenue source for the Yemeni terrorist group. It is the latest move to limit the Houthis’ finances since the Trump administration re-designated them as a Foreign Terrorist Organization (FTO) on March 4.The post Treasury targets Houthi oil revenue, building on US sanctions against the group appeared first on FDD's Long War Journal.