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US Imposes Sanctions on Networks Funding Hezbollah & Syrian Regime

October 17, 2024
US Imposes Sanctions on Networks Funding Hezbollah & Syrian Regime

US Imposes Sanctions on Networks Funding Hezbollah & Syrian Regime

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The United States has imposed new sanctions targeting networks that finance Hezbollah and the Syrian regime.

Announced on Wednesday, these sanctions aim to disrupt the flow of funds supporting Hezbollah’s operations and contribute to regional instability.

The US Department of State revealed that the sanctions target three individuals and four companies involved in a network that evades existing sanctions, generating revenue for Hezbollah.

These funds have been used to sustain the group’s activities, including missile attacks on Israel, which have exacerbated instability in Lebanon and beyond.

The US continues to hold Hezbollah accountable for its violent actions, including the ongoing rocket attacks on Israel. The sanctions are intended to prevent the group from accessing financial resources that sustain its operations and fuel further instability.

In addition, the sanctions also target three individuals involved in the illegal production and trafficking of Captagon, a drug that has become a significant source of revenue for the Syrian regime and its supporters, including Hezbollah.

These measures are part of a broader US effort to combat the Captagon trade, which has grown into a multi-billion-dollar industry partly controlled by high-ranking members of the Syrian government.

The US is focused on cutting off Hezbollah’s access to the international financial system and its revenue-generating activities. This is in line with ongoing efforts to dismantle the illicit Captagon trade, which contributes to both violence and economic disruption across the region.

Tags: HezbollahSyriaUS
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