US Treasury sanctions 7 Lebanese tied to Hezbollah finances
BEIRUT: The US Treasury Department on Tuesday imposed new sanctions on seven Lebanese linked to the militant Iran-backed Hezbollah group and its financial arm.
The measures are the latest against Hezbollah, which Washington considers a terrorist group and has targeted with penalties for years.
The development comes as Lebanon is experiencing the worst economic and financial crisis in its modern history, including a loss of trust in the country’s once booming banking sector.