US imposes new Hezbollah sanctions targeting gold exchange firm

Trump administration vows to cut off Lebanese group ‘from the global financial system’ amid daily Israeli violations.

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The United States has imposed sanctions on a gold firm in Lebanon that it accused of having ties to Hezbollah as Washington pushes to choke off the group’s revenue streams.

The administration of US President Donald Trump blacklisted Jood SARL on Tuesday, saying the company is helping convert Hezbollah’s “gold reserves into usable funds” to help sustain efforts to rebuild itself after a series of deadly attacks.

US imposes new Hezbollah sanctions targeting gold exchange firm

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