US sanctions Lebanese network over alleged oil, LPG smuggling for Hezbollah

Reuters
Lebanon’s Hezbollah has traded near-daily fire with Israeli forces in support of ally Hamas since the Palestinian militant group’s October 7 attack triggered war in the Gaza Strip, with repeated escalations during more than 11 months of the cross-border violence. (AFP)
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  • The sanctions target three people, five companies and two vessels

WASHINGTON: The Biden administration on Wednesday issued sanctions on a Lebanese network it accused of smuggling oil and liquefied petroleum gas (LPG) to help fund the Lebanese armed group Hezbollah.
The sanctions target three people, five companies and two vessels that the US Treasury Department said were overseen by a senior leader of Hezbollah’s finance team and used profits from illicit LPG shipments to Syria to aid generate revenue for the group.
Acting Under Secretary of the Treasury for Terrorism and Financial Intelligence Bradley Smith, in a statement, said Hezbollah “continues to launch rockets into Israel and fuel regional instability, choosing to prioritize funding violence over taking care of the people it claims to care about, including the tens of thousands displaced in southern Lebanon.”

Topics: Lebanon Hezbollah