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Lebanon Debate
US sanctions target Hezbollah funding network
The U.S. Treasury Department has imposed sanctions on a network responsible for transferring hundreds of millions of dollars to Hezbollah via commercial flights connecting Lebanon, Turkey, the UAE, and Iran. It explained that the network relies on air carriers to transport cash to Lebanon, exploiting currency exchange offices and front companies. The sanctions targeted Turkish officials and other individuals involved in transferring the funds or supporting the party, aiming to evade financial sanctions and enhance Hezbollah's ability to access foreign currencies outside the formal financial system.
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