US targets Houthis with biggest sanctions package amid Middle East missile strikes

Treasury says the move targets an oil smuggling network and shipments for Iran’s defence industry

Michael Faulkender announced the biggest sanctions package against the Houthis aimed at hitting oil imports into areas they control — Michael Faulkender announced the biggest sanctions package against the Houthis aimed at hitting oil imports into areas they controlScanpix

Paul Peachey

TradeWinds correspondentLondon

Published 20 June 2025, 15:26Updated 20 June 2025, 15:26

Iran Houthis US Sanctions OFAC