Treasury Sanctions Russian Firms for Houthi Ties, Drops Putin Associate’s Wife from Blacklist

The United States has imposed sanctions on three Russian companies for their alleged role in a network supplying goods to Yemen’s Houthi rebels, while quietly removing the wife of a Russian billionaire with close ties to President Vladimir Putin from its sanctions list.

The Treasury Department’s Office of Foreign Assets Control added Edison, Kolibri Group, and Sky Frame to its blacklist on April 2, blocking their US assets and prohibiting Americans from conducting business with them.

Treasury officials said the companies participated in shipping materials, weapons and sensitive goods from Russia to the Iran-backed Houthis. The sanctioned network allegedly transferred commodities worth “tens of millions of dollars,” including grain allegedly stolen from Ukrainian territories under Russian occupation.

“The Houthis remain reliant on Sa’id al-Jamal and his network to procure critical goods to supply the group’s terrorist war machine,” said Treasury Secretary Scott Bessent, emphasizing Washington’s commitment to limiting the group’s capabilities.

In the same action, the Treasury Department removed Karina Rotenberg from its sanctions register without explaining. Rotenberg, who according to leaked documents cited by the Moscow Times has held US citizenship since at least 2013, was sanctioned in March 2022 following Russia’s invasion of Ukraine.

Her husband Boris Rotenberg and his brother Arkady have amassed substantial wealth through government construction and banking contracts in Russia. Western authorities have sanctioned both men for their close relationship with the Kremlin.

The sanctions adjustment comes amid growing tensions between Washington and Moscow over the Ukraine conflict. President Donald Trump recently adopted a more confrontational stance toward Russia, threatening additional sanctions including potential tariffs on Russian oil exports if peace negotiations don’t advance.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Newmont Q1 Earnings: A Billion In Free Cash Flow… A Month!

The Biggest Undeveloped Gold Project Still Needs One Thing | Rudi Fronk – Seabridge

The Silver Market May Be Closer to Breaking Than It Looks | Andy Schectman

Recommended

Silver47 Pulls High-Grade Gold and Silver Assays from Nevada Vein Network At Kennedy

Canadian Gold Resources Taps Chernin as Interim CEO in Planned Transition

Related News

Russia Shuns US Dollar, Wants to Trade With Africa in Local Currencies Instead

Russia continues to turn its back on the US dollar, and is in the midst...

Thursday, January 19, 2023, 06:21:00 AM

Russia Blocks Sale Of Securities By Foreigners

It appears that things in Russia aren’t going exactly as planned for Vladimir Putin. Following...

Sunday, February 27, 2022, 06:08:39 PM

Russia Begins To Seize Oligarch Assets

Russian authorities have taken legal action against Andrey Melnichenko, a prominent billionaire oligarch, in their...

Thursday, August 24, 2023, 07:34:00 AM

BMO: Kinross Gold’s Russian Operations Expected To Be Closed Until At Least September

On March 2nd, Kinross Gold Corporation (TSX: K) announced the suspension of its Russian operations....

Saturday, March 5, 2022, 01:08:00 PM

Russian Oil Prices Plunge to Pandemic Lows as Economic Pressures Mount

Russian crude oil prices collapsed to their lowest levels since the COVID-19 pandemic this week,...

Tuesday, December 23, 2025, 12:58:00 PM