The United Kingdom will impose sanctions targeting Hezbollah's financial institution, according to a report by Israeli news outlet ynet. No further details on the scope or timing of the measures have been published yet.
The announcement follows earlier reports that the British Foreign Minister had announced sanctions against Iran and Hezbollah, as The Zioneer reported Tuesday afternoon. Hezbollah's financial arm has been a recurring target of international sanctions, with the US Treasury and Gulf states imposing multiple rounds of restrictions on Hezbollah-linked entities this year, as The Zioneer has covered. The exact institutions to be designated by the UK have not been disclosed, and it is unclear whether the move is coordinated with Washington.
3 developments
Source and signal
- Open-source intake