The Trump administration sanctioned three vessels and their owners for providing support to the Houthis – the Iranian regime’s network of terrorist proxies and partners, Fox News Digital has learned.
The Treasury Department’s Office of Foreign Assets Control announced the sanctions Monday, following the Houthis’ efforts to deploy missiles, unmanned aerial vehicles and naval mines to attack commercial shipping interests in the Red Sea – activities that ‘threaten global freedom of navigation and the integrity of international commerce.’
‘Today’s action underscores our commitment to disrupt the Houthis’ efforts to fund their dangerous and destabilizing attacks in the region,’ Treasury Deputy Secretary Michael Faulkender said Monday, adding that the department will ‘continue to leverage’ its 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 State Department designated the Houthis as a specially designated global terrorist in February 2024 and redesignated the group as a foreign terrorist organization in March.
‘Providing material support to the Houthis not only carries acute sanctions risk, but also exposes vessels and crew members to serious safety risk from potential Houthi attacks,’ a Treasury Department official told Fox News Digital.
A Treasury official told Fox News Digital that the Houthis control the strategic Yemen Red Sea ports of Hudaydah, Ras Isa and Al-Salif, and are funneling millions of dollars derived from port revenues and the seizure of refined petroleum products to fund a ‘reckless attack campaign against U.S. interests and those of our allies in the region.’
The official said the group sells refined petroleum products at ‘exorbitant prices’ on Yemen’s black market, which enables the Houthi operatives to ‘purchase military materials, create an artificial shortage of essential goods for average Yemenis, and fuels rampant corruption among Houthi leaders.’
Marshall Islands-registered Zaas Shipping & Trading Co. used one of the vessels targeted, the Tulip BZ, to facilitate the delivery of liquid petroleum gas to the Houthi-controlled port of Ras Isa, the Treasury said. It also has been used to transport petroleum products on behalf of Iran.
Mauritius-registered Bagsak Shipping Inc. is also targeted, and facilitated the delivery of gas oil to Ras Isa using the Panama-flagged vessel, the Maisan. The Maisan also has been involved in the export of Russian crude oil and petroleum products from Russian ports since February 2023, according to a Treasury official.
And Marshall Islands-registered Great Success Shipping Co. facilitated the delivery of gas oil to Ras Isa using the Panama-flagged vessel, the White Whale.
The move comes after President Donald Trump officially informed Congress in March that he had directed the Department of Defense to move additional combat forces into the Middle East, as U.S. forces carry out military strikes against Houthi militants in Yemen. Those strikes have been conducted in an effort to stop attacks on American forces and commercial ships in the Red Sea.
‘I will no longer allow this band of pirates to threaten and attack United States forces and commercial vessels in one of the most important shipping lanes in the world,’ Trump wrote March 28. ‘We will act to keep Americans safe.’
He said the U.S. will continue striking until the group no longer poses a threat to navigation or U.S. personnel.
The strikes have been from Navy ships, Air Force bombers and drones targeting Houthi weapons, leadership and command centers.
The airstrikes began after renewed Houthi threats against Israeli ships and attacks on U.S. forces, including seven Reaper drones brought down since March 3.
The Houthis began ramping up attacks in the Red Sea after the October 2023 Hamas terror attack on Israel. They’ve claimed responsibility for targeting U.S. warships and have so far avoided hitting Chinese and Saudi ships, raising questions among defense officials about their strategic aims.
Earlier in April, the Trump administration sanctioned the International Bank of Yemen Y.S.C. (IBY) for its financial support of Houthi terrorists.
Fox News’ Greg Wehner, Jasmine Baehr, Brie Stimson, Caitlin McFall and Liz Friedan contributed to this report.
