US sanctions Lebanese network over alleged oil, LPG smuggling for Hezbollah

WASHINGTON: The Biden administration on Wednesday issued sanctions on a Lebanese network it accused of smuggling oil and liquefied petroleum gas (LPG) to help fund the Lebanese armed group Hezbollah. The sanctions target three people, five companies and two vessels that the US Treasury Department said were overseen by a senior leader of Hezbollah’s finance team and used profits from illicit LPG shipments to Syria to aid generate revenue for the group.

Sep 12, 2024 - 04:16
US sanctions Lebanese network over alleged oil, LPG smuggling for Hezbollah
WASHINGTON: The Biden administration on Wednesday issued sanctions on a Lebanese network it accused of smuggling oil and liquefied petroleum gas (LPG) to help fund the Lebanese armed group Hezbollah. The sanctions target three people, five companies and two vessels that the US Treasury Department said were overseen by a senior leader of Hezbollah’s finance team and used profits from illicit LPG shipments to Syria to aid generate revenue for the group.

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