U.S. Treasury Implements New Sanctions Targeting Hezbollah's Financial Operations in Lebanon

The U.S. Treasury Department has announced a new set of sanctions aimed at disrupting Hezbollah's access to informal financial networks in Lebanon.

The sanctions specifically target a money exchange and gold trading firm that operates under the oversight of the Al-Qard Al-Hassan Foundation, which is associated with Hezbollah. This move is part of broader efforts to sever the group's financial resources.

The U.S. Treasury reiterated that Hezbollah represents a significant threat to security and stability in the Middle East. The department emphasized its ongoing commitment to isolating Hezbollah from the global financial system and restricting its access to economic resources.