US EditionUS sanctions official says time is right to cut Iran's Hezbollah funding
The US targets to block about $1 billion from Iran to Hezbollah in 2025 to weaken the group and curb Iran's influence in Lebanon and the Middle East.
- John Hurley, the US Treasury Department undersecretary for terrorism and financial intelligence, said Iran funneled about $1 billion to Hezbollah this year and Washington sanctioned two alleged financiers last week.
- The U.S. policy of `maximum pressure` aims to curb Tehran's uranium enrichment and influence, while Iran has deepened ties with China, Russia and the United Arab Emirates after talks collapsed.
- Urging action, Hurley told Reuters in Istanbul that the key is cutting Iran’s financial lifeline to Hezbollah, which he estimates at about $1 billion this year.
- The United States says it wants to seize a `moment` in Lebanon to curb Iranian funding to Hezbollah and press the group to disarm, John Hurley said, while Lebanon's government has pledged to disarm militias but Hezbollah resists full disarmament.
- Israel reports on Thursday that Hezbollah is rebuilding and carried out heavy airstrikes in southern Lebanon, while Western powers accuse Tehran of nuclear and missile activities fueling Israel-Iran tensions.
33 Articles
33 Articles
US Sanctions Official Says Time is Right to Cut Iran's Hezbollah Funding
The United States seeks to take advantage of a "moment" in Lebanon in which it can cut Iranian funding to Hezbollah and press the group to disarm, the US Treasury Department's top sanctions official said. In a late Friday interview, John Hurley, the undersecretary for terrorism and financial intelligence, said Iran has managed to funnel about $1 billion to Hezbollah this year despite a raft of Western sanctions that have battered its economy.
US sanctions official says time is right to cut Iran's Hezbollah funding
The United States seeks to take advantage of a "moment" in Lebanon in which it can cut Iranian funding to Hezbollah and press the group to disarm, the U.S. Treasury Department's top sanctions official said.
Iran smuggled $1B to Hezbollah this year despite US sanctions, Treasury official says
Iran smuggled $1 billion to Hezbollah despite heavy sanctions this year, U.S. Treasury officials revealed this weekend as Tehran continues funding terrorist proxies across Middle East.
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