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Sudan Transfers Compensation for US Bombing Victims- Central Bank

Sudanese demonstrators protest outside the Defence Ministry in Khartoum, Sudan April 14, 2019. REUTERS/Umit Bektas
Sudanese demonstrators protest outside the Defence Ministry in Khartoum, Sudan April 14, 2019. REUTERS/Umit Bektas
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Sudan Transfers Compensation for US Bombing Victims- Central Bank

Sudanese demonstrators protest outside the Defence Ministry in Khartoum, Sudan April 14, 2019. REUTERS/Umit Bektas
Sudanese demonstrators protest outside the Defence Ministry in Khartoum, Sudan April 14, 2019. REUTERS/Umit Bektas

Sudan has transferred the compensation it has agreed to pay US victims of militant attacks and their families, the central bank governor said on Tuesday.

The payment of $335 million is part of a deal with the United States to get Sudan removed from its list of state sponsors of terrorism, which has been a hurdle for Khartoum as it sought debt relief and external borrowing.

Sudan has transferred the required amount, bank governor Mohamed al-Fatih Zainelabidine told a news conference

Acting Finance Minister Hiba Mohamed Ali also said that Sudan needed to accelerate the adjustment of its foreign exchange rate.

Sudan is in the midst of an economic crisis that has accelerated since the overthrow of autocrat Omar al-Bashir last year.

Thanks to US sanctions going back to the 1990s, Sudan has been largely cut off from the international banking system. But Zainelabidine said local banks would restore correspondence relations next week following the US move.

The Sudanese pound has fallen on the black market to 220 versus the dollar, while the official exchange rate is around 55. But since the US announcement on Monday the pound has gained from 250 the day before on the black market.

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US Targets Houthis with Fresh Sanctions Action

Houthi members ride a pick-up truck while on patrol amid tensions with Israel, in Sanaa, Yemen, 18 July 2025. (EPA)
Houthi members ride a pick-up truck while on patrol amid tensions with Israel, in Sanaa, Yemen, 18 July 2025. (EPA)
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US Targets Houthis with Fresh Sanctions Action

Houthi members ride a pick-up truck while on patrol amid tensions with Israel, in Sanaa, Yemen, 18 July 2025. (EPA)
Houthi members ride a pick-up truck while on patrol amid tensions with Israel, in Sanaa, Yemen, 18 July 2025. (EPA)

The United States on Tuesday imposed sanctions on what it said was a Houthi-linked petroleum smuggling and sanctions evasion network across Yemen and the United Arab Emirates in fresh action targeting the Iran-backed militant group.

The US Treasury Department in a statement said the two individuals and five entities sanctioned on Tuesday were among the most significant importers of petroleum products and money launderers that benefit the Houthis.

"The Houthis collaborate with opportunistic businessmen to reap enormous profits from the importation of petroleum products and to enable the group’s access to the international financial system," said Deputy Secretary of the Treasury Michael Faulkender.

"These networks of shady businesses underpin the Houthis’ terrorist machine, and Treasury will use all tools at its disposal to disrupt these schemes."

Among those targeted on Tuesday was Muhammad Al-Sunaydar, who the Treasury said manages a network of petroleum companies between Yemen and the United Arab Emirates and was one of the most prominent petroleum importers in Yemen.

Three companies in his network were also designated, with the Treasury saying they coordinated the delivery of approximately $12 million dollars’ worth of Iranian petroleum products with a US-designated company to the Houthis.

Since Israel's war in Gaza against the Palestinian group Hamas began in October 2023, the Iran-aligned Houthis have been attacking vessels in the Red Sea in what they say are acts of solidarity with the Palestinians.

In January, Trump re-designated the Houthi movement as a foreign terrorist organization, aiming to impose harsher economic penalties in response to its attacks on commercial shipping in the Red Sea and against US warships defending the critical maritime area.

In May, the United States announced a surprise deal with the Houthis where it agreed to stop a bombing campaign against them in return for an end to shipping attacks, though the Houthis said the deal did not include sparing Israel.

The Israeli military attacked Houthi targets in Yemen's Hodeidah port on Monday in its latest assault on the militants, who have been striking ships bound for Israel and launching missiles against it.