The US Treasury Department has announced sanctions against several entities connected to the Al-Qatirji Company, alleged to facilitate substantial funds for Iran’s Revolutionary Guard Corps and Yemen’s Houthi rebels. Notably, the company has generated hundreds of millions through the sale of Iranian oil in Syria and China. Officials have stated that Iran increasingly relies on partners like Al-Qatirji to support its destabilizing actions in the region. This is not the first time the company has faced sanctions, having previously been implicated in fueling oil trades between the Syrian regime and ISIS.