Treasury Department & Six Gulf States Impose Sanctions on Hezbollah

New US and Gulf Arab state sanctions target the Shura leadership council of Hezbollah Secretary General Hassan Nasrallah seen here in a recent image grab from al Manar TV

In the latest iteration of economic warfare against Iran and its proxies, the United States and its Gulf allies imposed new sanctions on Hezbollah and its top officials, Reuters reported Wednesday.

In particular, the black list includes the leader of "Hezbollah" Hassan Nasrallah and Qassem, and several members of the Executive Committee of the group.

The sanctions were imposed jointly by Washington and members of the so-called Terrorist Financing and Targeting Center (TFTC), including Saudi Arabia, Bahrain, Kuwait, Oman, Qatar and the United Arab Emirates (UAE). Treasury previously sanctioned Nasrallah for disrupting the Middle East peace process in 1995 and for actions in Syria in 2012.

Talal Hamiyah, Ali Youssef Charara, Spectrum Group, Hasan Ebrahimi, Maher Trading, Hashem Safieddine, Adham Tabaja, Al-Inmaa Group, and Al-Inmaa Engineering and Contracting, all of whom were previously designated by the United States, were also included in the latest sanctions.

"The savage and depraved acts of one of Hezbollah's most prominent financiers can not be tolerated", US Treasury Secretary Steven Mnuchin said in a statement.

Mnuchin announced the TFTC cooperation with six Gulf states in 2017. He is the current leader of the Judicial Council and has overseen a military command in central Lebanon that provides logistical and training support to "Hezbollah".

The group is fighting in Syria alongside Bashar al-Assad's military, and it has trained Iraqi Shiite militias which participated in retaking territory from the Daesh terror group.

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It imposed sanctions on Hezbollah's financier, Mohammad Ibrahim Bazzi, and its representative to Iran, Abdallah Safi Al-Din, the Treasury Department said in a statement.

The move comes one day after the Treasury Department slapped sanctions on the governor of Iran's central bank, alleging it had funneled funds to Hezbollah, which the US considers a terrorist group.

Sayyed is the head of "Hezbollah's" Political Council.

Iran's foreign minister on Thursday lashed out on Twitter at the U.S. and Saudi Arabia for imposing sanctions on leaders of its Lebanese ally, terror group Hezbollah.

Hezbollah, which was founded after the Israeli invasion of Lebanon in 1982 and is classified as a terrorist organization by the USA, has faced off with Israel across the decades, including in a month-long war in 2006.

Updates with additional details from seventh paragraph.

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