US sanctions Iranian energy magnate for alleged indirect funding of Houthis, others

The Trump administration on Tuesday said it has sanctioned Iranian national and liquified petroleum gas (LPG) magnate Seyed Asadoollah Emamjomeh and his corporations, which are "collectively responsible for shipping hundreds of millions of dollars’ worth of Iranian LPG and crude oil to foreign markets," the Department of the Treasury said. 

Emamjomeh and his son, the UAE-based British and Iranian national Meisam Emamjomeh, "have owned and operated an LPG sales, transportation, and delivery network using multiple Iran and UAE-based companies," the statement continued.

"In addition to crude oil, LPG continues to be a major source of revenue for the Iranian regime, the proceeds of which fund Iran’s nuclear and advanced conventional weapons programs, as well as regional proxy groups and partners such as Hizballah, the Houthis, and Hamas," the US said.