Beirut, the capital of Lebanon

Trump Targets Hezbollah with New Sanctions


TEHRAN (Tasnim) – The US Treasury broadened sanctions on Friday targeting Lebanese Hezbollah’s financial network in the Middle East and Africa in a bid to crack down on revenue streams the US claims the resistance movement uses to fund its “illicit operations”.

“The administration is determined to expose and disrupt Hezbollah’s networks, including those across the Middle East and West Africa, used to fund their illicit operations,” Treasury Secretary Steven Mnuchin said in announcing the penalties under financial regulations targeting Hezbollah, Reuters reported.

The six sanctioned individuals included five Lebanese and one Iraqi, most of them linked to Al-Inmaa Engineering and Contracting, the Treasury Department said. The seven entities were firms based in Sierra Leone, Liberia, Lebanon and Ghana, the statement said.

Senior Trump administration officials claim that the sanctions were part of an aggressive move against Hezbollah to try to limit what they called as Iran’s growing influence in the region.

More such targeted sanctions are expected in the months ahead, they said.

Full story: tasnimnews.com

Tasnim News Agency

Share this article

The main purpose of Thailand News is to offer our readers all news from the most popular and trusted newspapers in Thailand & Asia in one place.

Get breaking news and the latest news headlines from Bangkok, Phuket, Pattaya, Chiang Mai, Northern Thailand, Isan, the insurgency-plagued South and Asia.

Leave a Reply

By using the site you agree and accept the terms of this Privacy and Cookies Policy. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close