Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating 21 individuals and entities and identifying one vessel that have transferred oil products, procured weapons and dual-use equipment, and provided financial services for Iran-backed terrorist organization Ansarallah, commonly known as the Houthis. This action targets financial conduits between the Iranian government and the Houthis, building on previous Treasury actions to constrict the Iranian regime’s use of its oil wealth to fund regional terrorist proxies at the expense of the Iranian population’s welfare. It also targets key front companies, facilitators, and operatives located in Yemen, Oman, and the United Arab Emirates (UAE) that are part of the Houthis’ vast revenue generation and smuggling networks, which enable the group to sustain its capability to conduct destabilizing regional activities and unprovoked attacks on commercial vessels in the Red Sea.
Albarraq Shipping Co and its sole director, Ebrahim Ahmed Abdullah Al-Matari, facilitated the delivery of oil products to Ras Isa port via the vessel ALBARRAQ Z after the expiration of OFAC’s GL 25A. ALBARRAQ Z discharged oil products at Ras Isa port in July 2025. Ahmad Ismail served as the captain of ALBARRAQ Z.
OFAC is also designating the captains of four previously designated vessels that delivered petroleum products to Houthi-controlled ports. Ahmad Adriss served as captain of the U.S.-designated vessel SARAH, which delivered Liquefied Petroleum Gas to the Houthi-controlled port of Ras Isa in June 2025. Ahmad Bseis served as captain of the U.S.-designated oil tanker ATLANTIS MZ, which also discharged gasoline at Ras Isa in June 2025. Ranveer Singh served as captain of the U.S.-designated vessel AKOYA GAS, which discharged its cargo at Ras Isa in April 2025. Alexander Yurovich Pshenichnyy served as captain of the U.S.-designated vessel VALENTE, which discharged gasoline at Ras Isa in May 2025.
Albarraq Shipping Co, Ahmad Ismail, Ahmad Adriss, Ahmad Bseis, Ranveer Singh, and Alexander Yurovich Pshenichnyy are being designated pursuant to E.O. 13224, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, the Houthis. Ebrahim Ahmed Abdullah Al-Matari is being designated pursuant to E.O. 13224, as amended, for owning or controlling, directly or indirectly, Albarraq Shipping Co.
The ALBARRAQ Z is being identified as property in which Albarraq Shipping Co has an interest, pursuant to E.O. 13224, as amended.