United States imposes new sanctions targeting Iran's oil smuggling network to finance Houthi terrorism

Member of the Presidential Leadership Council, Tareq Saleh met Thursday with the European Union Ambassador to Yemen Patrick Simonnet.

Bahrain Says Air Defenses Intercepted and Destroyed Several “Treacherous” Iranian Air Attacks

The General Command of the Bahrain Defence Force announced on Thursday that Iran continues what it described as a systematic hostile approach through missile and drone attacks targeting civilians in the Kingdom of Bahrain.

Oil price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

Paris Saint-Germain Crowned UEFA Champions League Winners

French club Paris Saint-Germain claimed the UEFA Champions League title after defeating Arsenal 4-3 in a penalty shootout following a 1-1 draw in the final held at Puskás Aréna in the Hungarian capital, Budapest.

Last Update: ، 2026/06/12 Time 03:44:26
Latest News:

Al-Mahrami Meets EU Ambassadors, Calls for Designating Houthi Militias Terrorist Organization

Prime Minister Reviews Support for Government Reforms, Expansion of Development Partnership with the ..

Yemen reiterates its absolute rejection of using its territory as a platform to threaten international ..

Parliament Speaker Discusses General Situation on the National Scene With Prime Minister

Prime Minister Receives Spanish Secretary of State for Foreign, Global Affairs

United States imposes new sanctions targeting Iran's oil smuggling network to finance Houthi terrorism

[13/05/2025 06:43]

WASHINGTON - SABA
The U.S. State Department announced Tuesday the imposition of new sanctions on Tehran targeting an international network that facilitates the smuggling of millions of barrels of Iranian oil and uses the proceeds to develop ballistic missiles, drones, and support the terrorist Houthi militias.

State Department spokesperson Tami Bruce stated in a press release, "Washington has today imposed sanctions on an international network that facilitates the shipment of millions of barrels of Iranian crude oil, worth billions of dollars to China, on behalf of the Iranian Armed Forces General Staff and its front company (Sepehr Energy)."

She added: "The proceeds from these sales are used to develop ballistic missiles and drones, to spread nuclear weapons and to support Iran's terrorist proxies, including Houthi attacks on shipping vessels in the Red Sea."

Tami Bruce emphasized that the United States will continue to take actions to exert maximum pressure on the Iranian regime to deny it access to resources that fuel its destabilizing activities.