The Treasury Department on Wednesday announced new sanctions on an alleged network of financial facilitators, procurement operatives, and companies that are helping to secure weapons for Houthi terrorists.

The network has allegedly helped the Iranian-backed Houthi official Sa’id al-Jamal. It has procured tens of millions of dollars’ worth of commodities from Russia, including weapons and stolen Ukrainian grain. The goods are then shipped to the Houthis in Yemen.

“The Houthis remain reliant on Sa’id al-Jamal and his network to procure critical goods to supply the group’s terrorist war machine,” Treasury Secretary Scott Bessent said in a statement. “Today’s action underscores our commitment to degrading the Houthis’ ability to threaten the region through their destabilizing activities.” 

The Treasury’s Office of Foreign Assets Control has also identified at least eight digital asset wallets that are used by the Houthis to transfer money associated with the network and its activities around.

“The United States is committed to eliminating the Iran-backed Houthis’ capabilities and resources to conduct attacks on our servicemembers and naval assets, while ending their ability to threaten the security of the United States and our partners,” State Department spokesperson Tammy Bruce said in a statement.

The U.S. has designated the Houthis, which has disrupted shipping in the Red Sea amid the Israel-Hamas conflict, as a Foreign Terrorist Organization.

Misty Severi is a news reporter for Just The News. You can follow her on X for more coverage.