US announces new sanctions targeting Hezbollah financiers

Mourners attend a ceremony marking the first anniversary of Israel's assassination of the longtime Hezbollah leader, Hassan Nasrallah, in the town of Deir Qanoun al-Nahr near Tyre in southern Lebanon on September 27, 2025. (Mahmoud ZAYYAT / AFP)
Mourners attend a ceremony marking the first anniversary of Israel's assassination of the longtime Hezbollah leader, Hassan Nasrallah, in the town of Deir Qanoun al-Nahr near Tyre in southern Lebanon on September 27, 2025. (Mahmoud ZAYYAT / AFP)

The US State Department announces fresh sanctions on Hezbollah operatives it accuses of continuing “to exploit Lebanon’s informal financial sector” to generate revenue for the Iran-backed terror group.

The US Treasury says the sanctions will apply to gold exchange company Jood SARL as well as Russian national Andrey Viktorovich Borisov, Lebanon’s Mohamed Nayef Maged and several shipping companies.

“These actors have supported sanctions evasion schemes involving Hezbollah-controlled financial institution Al-Qard Al-Hassan (AQAH) and an Iran-based Hezbollah finance team operative,” the statement from the State Department adds.

The move is part of US President Donald Trump’s “government policy of maximum pressure against Iran’s regime and its terrorist proxies,” it adds.

Treasury Secretary Scott Bessent says that Hezbollah “is a threat to peace and stability in the Middle East,” and that the US will “work to cut these terrorists off from the global financial system to give Lebanon a chance to be peaceful and prosperous again.”

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