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US sanctioned Syrian company over IRGC affiliation

2024.11.15, 11:37
US sanctioned Syrian company over IRGC affiliation

The US Treasury Department imposed sanctions on Thursday on companies, individuals and vessels associated with a Syrian conglomerate that Washington said was funding Iran's Quds Force and Yemen's Houthis.

Gunaz.tv

According to the department, the Syrian conglomerate Al-Qatirji Company generates hundreds of millions of dollars in revenue for the Quds Force and the Houthis through the sale of Iranian oil to Syria and China.

"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," said department official Bradley Smith said.

The Al-Qatirji Company had previously been sanctioned for facilitating fuel sales between the Syrian regime and the Islamic State of Iraq and Syria, according to the department. The action on Thursday targeted 26 companies, individuals, and vessels associated with the company, according to the statement.

 

 

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