Companies were accused of unloading liquefied gas and diesel oil in the port of Ras Isa, which is under control of the group, after the end of a special license granted by the US Treasury
The Treasury Department of United States announced the imposition of sanctions on three vessels and their respective companies, on charges of offering oil derivatives to the Houthis, a group considered terrorist and that maintains ties with the Iran. This action aims to stop financing the group’s hostile activities, which includes attacks on commercial ships in the Red Sea. The companies affected by the sanctions are Zaas Shipping & Trading Co, Bagsak Shipping Inc and Great Success Sca.
They were accused of unloading liquefied oil and diesel oil in the port of Ras Isa, which is under the control of the Houthis, after the end of a special license granted by the US Treasury. The ships identified as the target of the sanctions are Tulip BZ, Maisan and White Whale. These vessels were blocked by an executive order aimed at combating funding for terrorism. The US Treasury stressed that Houthis control strategic ports and divert large amounts of port revenue money, which generates artificial fuel shortages and enables the acquisition of weapons.
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Tulip BZ, one of the sanctioned ships, has already transported petrochemical products to the body of Iranian revolutionary guard. In turn, Maisan was involved in transporting Russian oil, which is under Western embargo. In addition, the clipper ship, which had already been sanctioned by its connections with the IRGC, continues to operate illegally, carrying Iranian loads for the Houthis.
*Report produced with the aid of AI
Posted by Fernando Dias
Source: Jovempan
I have been working as a journalist for over 10 years. In that time, I have covered the news from all corners of the world, and written about everything from politics to business.I’m now a full-time author, and my work can be found at Global happenings. My aim is to bring you up-to-date news and views on global affairs, in a format that is easy to read and understand.
