US targets Hezbollah with fresh sanctions
US targets Hezbollah with fresh sanctions The United States will on Thursday issue fresh sanctions targeting Lebanon's Hezbollah, including re-designating it under a terrorism authority, according to a statement seen by Reuters, in a move aimed at emphasizing its links to the Iranian government. While Hezbollah is not being designated under any new authority, the Treasury Department is…
The United States announced on Thursday additional sanctions against Lebanon's Hezbollah organization, reclassifying it as a conduit for Iran's regime, according to a Reuters report. The Treasury Department cited Hezbollah's support for the Iranian Islamic Revolutionary Guard Corps-Quds Force as the rationale for the redesignation. A U.S. official explained that the move aimed to demonstrate Hezbollah's alignment with the Iranian government.
Hezbollah, designated as a Foreign Terrorist Organization in 1997 and a Specially Designated Global Terrorist in 2001, serves dual roles as a political party and an armed group in Lebanon. The sanctions are designed to disrupt Hezbollah's funding channels and isolate the group by freezing assets, preventing banks from engaging with the organization, and halting the flow of goods, services, and material support.
The U.S. official emphasized that Thursday's action was not part of a broader strategy to impose new economic consequences on Iran, a stance reiterated by President Donald Trump who warned on Wednesday about economic repercussions for any nation aiding Iran. Treasury Secretary Scott Bessent had earlier announced that the U.S. plans to impose "the toughest sanctions in history" against Iran, with a press conference scheduled for Monday to provide more details.
The latest sanctions also targeted 10 individuals accused of smuggling cash on behalf of Hezbollah, focusing on a Turkish businessman who allegedly manages a network of couriers transferring money between countries in the region and Lebanon. The businessman utilizes Turkey-based exchange houses as fronts and provides front companies and bank accounts for these money transfers linked to the Quds Force.
Multiple couriers have been singled out in the sanctions action. Hezbollah was established by Iran's Revolutionary Guards in 1982 during Lebanon's civil war, as part of Tehran's strategy to disseminate its 1979 Islamic Revolution and counter Israeli forces that had invaded Lebanon in 1982. The group is known for its extensive social services, including schools and hospitals, and enjoys significant support among Lebanon's Shiite Muslim population.
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