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U.S. Steps Up Bid to Cut Iran’s Cash to Hezbollah as Treasury Envoy Hits Region

A Treasury envoy is mounting a regional push to choke off Tehran-linked funding to test leverage over Hezbollah's standing in Lebanon.

John K. Hurley, U.S. President Trump's nominee for Under Secretary for Terrorism and Financial Crimes at Department of the Treasury, attends a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., April 10, 2025. REUTERS/Kevin Mohatt/File Photo

Overview

  • Undersecretary John Hurley says Iran funneled about $1 billion to Hezbollah this year despite extensive Western sanctions.
  • Washington last week sanctioned two individuals accused of using money-exchange networks to route funds to the Lebanese group.
  • Hurley is touring Turkey, Lebanon, the United Arab Emirates and Israel to press governments and banks to disrupt covert finance channels.
  • The U.S. is urging Beirut to enforce disarmament of non-state militias; Hezbollah rejects full disarmament but has not blocked some Lebanese army seizures in the south.
  • Israel reports Hezbollah is trying to rebuild capabilities and carried out heavy airstrikes in southern Lebanon despite a year-old ceasefire.