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A report from the American Foundation for Defense of Democracies shows that Washington has potentially increased the cost of dealing with Hezbollah after officially designating it as an Iranian proxy under U.S. sanctions law. The group was reclassified as being owned or receiving guidance from the Quds Force of the Iranian Revolutionary Guards, with sanctions imposed on ten individuals responsible for transferring funds to the group. The report explains that this reclassification heightens the risks for financial institutions interacting with Hezbollah, and affirms that Lebanon remains responsible for disarming Hezbollah. It calls for continued financial and political pressure to compel Beirut to fulfill its commitments.
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