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02.10.25 - 04:24
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Iran-Aligned Houthis Sanction US Oil Majors (ZeroHedge)
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Iran-Aligned Houthis Sanction US Oil Majors
By Charles Kennedy of OIlPrice.com
Major U.S. oil companies and their top managers were targeted by sanctions by a Yemeni body affiliated with the Iran-aligned Houthi rebels, for what they say is violating a Houthi embargo.
The Humanitarian Operations Coordination Center (HOCC), a Houthi-affiliated body created last year to liaise between the Houthis and commercial shipping operators, sanctioned 13 U.S. oil companies, nine executives, and two assets linked to the U.S.
“The HOCC will employ all available means and instruments to confront any hostile measures taken by any State or group against the Republic of Yemen, in accordance with the applicable laws and relevant regulations,” according to the executive director of the HOCC.
Units of ExxonMobil, Chevron, ConocoPhillips, Phillips 66, Marathon Petroleum, Valero, and Occidental are among the companies designated by the Houthi-aligned entity, as are their top executives including Exxon CEO Darren ...
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