WASHINGTON (ChatnewsTV) — The United States has imposed sanctions on 26 entities, individuals, and vessels connected to an illicit revenue network associated with the Syria-based Al-Qatirji Company, the State Department announced Thursday. The targeted network is linked to the Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) and the Houthis, groups that the U.S. has previously designated for terrorist activity.
“This network facilitated the IRGC-QF’s ability to generate hundreds of millions of dollars this year alone,” said Matthew Miller, State Department Spokesperson. He added that the Al-Qatirji Company played a central role in laundering proceeds from the sale of Iranian oil, channeling millions each month to the Houthis, a move that has funded their attacks in the region.
The sanctions, executed under Executive Order 13224, aim to disrupt the flow of revenue that the Iranian regime uses to back the IRGC-QF and its regional proxies. “Today’s action is a step towards curtailing the networks that contribute to regional instability and conflict,” Miller stated.
The designation follows ongoing efforts by the U.S. to curb Iran’s influence in the region and cut off funding sources tied to its military and affiliated groups.
