US hits Hezbollah with fresh sanctions, emphasizing ties to Iranian government
WASHINGTON: The United States on Thursday issued fresh sanctions targeting Lebanon’s Hezbollah, including re-designating it over actions on behalf of the Iranian government, according to a statement seen by Reuters . The Treasury Department redesignated the group “for service to the Iranian regime under the command of Iran’s Islamic Revolutionary Guard Corps-Quds Force,” according to the…
On Thursday, the United States imposed fresh sanctions on Lebanon's Hezbollah, re-designating the group for its service to the Iranian regime under the command of Iran's Islamic Revolutionary Guard Corps-Quds Force. The Treasury Department made this move to demonstrate Hezbollah's actions on behalf of the Iranian government. This comes after Hezbollah has been a Foreign Terrorist Organization since 1997 and a Specially Designated Global Terrorist since 2001.
Hezbollah, a political party and armed group in Lebanon, operates under the guise of providing social services such as schools and hospitals. The sanctions aim to disrupt Hezbollah's funding networks and isolate the group by freezing assets, banning banks from dealing with named entities, and prohibiting the flow of goods, services, and material support.
This action was not part of new measures the US has threatened against Iran. President Trump had warned on Wednesday about economic consequences for any country providing "any type of lifeline to Iran" as the US seeks to end the war it began alongside Israel six months ago. US Treasury Secretary Scott Bessent had also announced a press conference on Monday regarding "the toughest sanctions in history" that Washington plans to impose on Iran.
Additionally, the sanctions target 10 individuals accused of smuggling cash for Hezbollah. A Turkish businessman, who manages a network of couriers moving money between countries in the region and Hezbollah's base in Lebanon, has been named. The businessman uses Turkey-based exchange houses as fronts and provides front companies and bank accounts for money transfers connected with the Quds Force.
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