US issues Hezbollah-related sanctions in coordination with Qatar

Measures target ‘major’ Hezbollah financing network in Arabian Peninsula, US Treasury says.

The Biden administration, in coordination with Qatar, has imposed sanctions on several alleged Hezbollah financiers based in the Gulf region, accusing them of providing and facilitating material support to the Lebanese group.

The US Treasury Department announced sanctions on Wednesday against what it called a “major” Hezbollah financial network based in the Arabian Peninsula.

The administration targeted seven individuals – citizens of Qatar, Bahrain and Saudi Arabia, as well as Palestinian nationals – and a real estate firm that it said funnelled millions of dollars to Hezbollah and institutions linked to the group.