US slaps new sanctions on networks aiding Iran’s proxies in Middle East

The US government has announced new sanctions against firms and individuals it says are aiding Iranian proxies in the Middle East. The sanctions target entities and individuals in Iraq, the UAE, Lebanon, and Turkey that Washington says have supported Kataeb Hezbollah, an Iraqi Shia paramilitary group.

According to the US Treasury Department, these actions aim to cut off revenues that Iran uses to fund its activities, including building missiles and supporting the Islamic Revolutionary Guard Corps (IRGC). The sanctions were imposed by the Treasury's Office of Foreign Assets Control.

The US has intensified its campaign to isolate Iran economically, as part of which the Treasury Department launched "Operation Economic Outcast" on August 24. The latest sanctions hit entities and individuals that support Kataeb Hezbollah and Hezbollah, a Lebanese Shia party, that are under the command of the IRGC, according to New Straits Times.

Brief written by urgent.news from The Times of Israel, New Straits Times — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.