Senior IDF intel officer claims Hezbollah facing ‘most severe’ economic collapse amid Iran war, can’t receive funds from Tehran

Emanuel (Mannie) Fabian is The Times of Israel's military correspondent

Hezbollah is facing its “most severe economic collapse” in decades as a result of Israel’s strikes on its backer, Iran, a senior Israeli military intelligence official claims.

The senior officer says that Lebanon has for years suffered an economic and humanitarian crisis caused by Hezbollah, “which the organization also exploits to expand its influence and military presence, while funneling profits into its own pockets, thereby deepening the crisis.”

“Alongside exploiting the funds of Lebanese citizens, Hezbollah relies on Iranian money transfers through currency exchange companies, investments and other channels, using these funds to rehabilitate the organization and its operatives, strengthen strategic capabilities, while at the same time making false promises to Lebanese citizens regarding reconstruction and compensation,” the official says.

According to IDF assessments, Iran transferred to Hezbollah around $1 billion over the past year.

The officer says that strikes on Iranian regime targets in Iran now “make it nearly impossible for Hezbollah to receive direct funding from the Iranian terror regime.”

“The exchange and transfer channels from Iran to Hezbollah have been severed at the source,” they claim.

“As a result, with the disruption of its main funding streams, from Iran on one side and the Lebanese civilian population on the other, Hezbollah’s economy faces the most severe collapse in decades, a decline further accelerated by IDF strikes against the terrorist organization,” the officer adds.

In the past week, the IDF has struck numerous branches of the Al-Qard al-Hasan association, which is known to be used by the terror group as a quasi-bank, in Lebanon.

The military says AQAH is used by Hezbollah to store money, manage salaries for its operatives, transfer funds from Iran and purchase weapons.

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