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20 August 2026 · 21:04

US Redefines Hezbollah Status in New Sanctions Targeting Iranian Financial Networks

Image from Channel 14 Israel

The United States Treasury Department has imposed new sanctions on the Lebanese group Hezbollah. According to a Reuters report, the move includes a reclassification of the group as an entity operating under the direct command of the IRGC Quds Force. This shift in status is intended to intensify the international isolation of Hezbollah and disrupt its financial networks through asset freezes and banking restrictions.

The sanctions target ten individuals suspected of smuggling funds for the group. Among them is a Turkish businessman accused of managing an extensive network of couriers and shell companies to facilitate money transfers between regional countries and Lebanon. US officials allege these funds were used to support the operations of the Iranian Quds Force.

This development follows warnings from US President Donald Trump regarding economic consequences for any nation providing a lifeline to Iran. Washington is currently preparing for what it describes as the "toughest sanctions in history" against Tehran, with further details expected to be outlined by Treasury Secretary Scott Bessent.

Hezbollah, established by the IRGC in 1982 to export the Islamic Revolution and counter Israeli forces, currently operates as both an armed militia and a political party in Lebanon. With this latest action, the US administration aims to tighten the economic noose around Tehran's proxies ahead of the planned implementation of broader sanctions.