According to a statement by the Department of State, thetargeted network is believed to be involved in commercial projects and oilsmuggling operations that generate revenue for the Iran-backed militant group.As part of this effort, the US has sanctioned five individuals and threeaffiliated companies, “including family members and close associates ofprominent Hizballah officials.”
Hezbollah, designated as a terrorist organization by theUnited States, has long been a primary target of US sanctions, with Washingtoncontinuing to intensify its efforts to weaken the group’s financialinfrastructure.
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