US Targets Iranian, Hezbollah Financial Network, Treasury Dept Says

 – The United States on Wednesday imposed sanctions on three entities and one individual in Lebanon and Turkey for “providing critical financial support” to a financial network used by Iran‘s Quds Force and the Lebanese militant group Hezbollah, the Treasury Department said.

The entities “have generated hundreds of millions of dollars’ worth of revenue from selling Iranian commodities, including to the Syrian government,” the department said in a statement.

(Reporting by Rami Ayyub)