The US Treasury Department's Office of Foreign Assets Control (OFAC) is targeting entities in Lebanon and other countries involved in fundraising for Hezbollah, according to an official announcement. Separately, President Donald Trump denied reports that the US would transfer $300 billion to Iran, calling them 'fake news,' and said US priorities are the success of the deal, lower oil prices, and stock market performance.
The US Treasury Department's Office of Foreign Assets Control (OFAC) announced Thursday evening that it is targeting networks in Lebanon and other countries involved in raising funds for Hezbollah, the Iran-backed Lebanese militia. The announcement follows a similar sanctions move reported Thursday evening by The Zioneer, targeting Hezbollah-linked entities.
President Donald Trump separately denied claims that the United States would pay Iran $300 billion, dismissing the report as 'fake news.' Trump added that US priorities are the success of the emerging nuclear deal, lower oil prices, and stock market performance. The denial is his latest in a series of statements this week regarding a Gulf-state-backed reconstruction fund reportedly discussed in US-Iran negotiations — a figure no US official had proposed, as The Zioneer reported on Tuesday. The source of the $300 billion figure remains unclear.
- DevelopingUS Treasury imposes fresh sanctions on Hezbollah-linked entities
- StrongTrump denies US paying Iran $300 billion, calls claim 'fake news'
- DevelopingUS Treasury sanctions senior Hezbollah official Mahmoud Qamati and Lebanese politician Suleiman Frangieh
- StrongTrump claims US won't pay Iran $300 billion for reconstruction, fact-checking his own claim
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