The United States Department of Treasury announced on Thursday that it imposed sanctions on 26 companies, individuals, and vessels associated with the Syrian conglomerate Al-Qatirji Company, which it claimed is "responsible for generating hundreds of millions of dollars in revenue for Iran's Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) and the Houthis" by selling Iranian oil to Syria and China.
Today's measures target, among others, 12 vessels controlled by the conglomerate and the company's head Hussam Bin Ahmed Rushdi Al-Qatirji. "Iran is increasingly relying on key business partners like the Al-Qatirji Company to fund its destabilizing activities and web of terrorist proxies across the region," Acting Under Secretary of the Treasury for Terrorism and Financial Intelligence Bradley Smith stated.
Al-Qatirji Company had already been designated by the US earlier for its "role in facilitating the sale of fuel" between Syria and the Islamic State (ISIS).
