BEIRUT, LEBANON (5:50 P.M.) – The U.S. Treasury has increased their sanctions on the Hezbollah organization in a order to obstruct their financial network, Bloomberg News reported on Friday.
“Hezbollah is a terrorist organization responsible for the death of hundreds of Americans. It is also Iran’s primary proxy used to undermine legitimate Arab governments across the Middle East,” Treasury Secretary Steven Mnuchin said in a statement.
“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,” Mnuchin added.
This latest move to further sanction Hezbollah is an attempt by the Trump administration to tackle Iran’s influence in the Middle East.