US Sanctions Shipping Companies, Vessels for Delivery of Oil and Gas to Houthis

The United States imposed sanctions on Monday on three vessels and their owners for delivering oil and gas products to Houthis, as Washington continues to put pressure on the Iran-backed militants over their attacks on Red Sea shipping.

The sanctions targeted Marshall Islands-registered Zaas Shipping & Trading Co and Great Success Shipping Co, and Mauritius-registered Bagsak Shipping Co and the cargo vessels they used to deliver oil and gas products to the Houthi-controlled port of Ras Isa, the Treasury Department said in a statement.

"Today’s action underscores our commitment to disrupt the Houthis’ efforts to fund their dangerous and destabilizing attacks in the region," Deputy Secretary of the Treasury Michael Faulkender said. "Treasury will continue to leverage our tools and authorities to target those who seek to enable the Houthis’ ability to exploit the people of Yemen and continue their campaign of violence."

The United States in March designated the Houthis as a "Foreign Terrorist Organization," accusing the group of threatening the security of American civilians and personnel in the Middle East as well as partners in the region and global maritime trade.

The Houthi attacks on ships, have disrupted global commerce, stoked fears of inflation and deepened concern about the fallout from the Israel-Hamas war.