U.S. sanctions Houthi-linked vessel Lady Sofia
Continuing to try to stem the flow of Iranian funding to the Houthis, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action March 15 against a Mumbai-headquartered,
Brian E. Nelson
OFAC moves to stem flow of Iranian funding to Houthis
As the Houthi attacks that began with the hijacking of the Galaxy Leader continue to disrupt Red Sea shipping, the U.S. is moving to stem the flow of the Iranian money that