Sa’id al-Jamal Accused of Trading for Houthis and Iran

[ABS News Service/16.08.2024]

The Treasury Department is targeting a network involved in shipping Iranian commodities, including oil and liquefied petroleum gas, to Yemen and the United Arab Emirates on behalf of the network of Iran-based, Islamic Revolutionary Guard Corps-Qods Force-backed Houthi financial official Sa’id al-Jamal.

Treasury’s Office of Foreign Assets Control also is updating the Specially Designated Nationals and Blocked Persons List entry for the sanctioned vessel ARTURA, which was responsible for shipping commodities for Sa’id al-Jamal, to reflect the changing of its name to OHAR.

The revenue from al-Jamal’s network helps finance the Houthis’ reckless targeting of shipping in the Red Sea and civilian infrastructure, which has led to grave consequences for both the region and the international community, Treasury said.

OFAC also is designating Hong Kong-based Kai Heng Long Global Energy Limited for its role in shipping Iranian LPG worth tens of millions of dollars for Lebanese Hizballah, and identifying as blocked property four vessels the company owns and manages.

Sa’id al-Jamal and his network rely on a host of shipping companies, vessels and facilitators to enable the sale and shipment of Iranian commodities, including oil and petroleum products, in order to generate revenue for the Houthis and the IRGC-QF.