America imposes sanctions on Hezbollah financing team.

The U.S. Treasury Department imposed sanctions on entities and individuals for allegedly providing funds to the Lebanese "Hezbollah" party, backed by Iran. The department stated that sanctions were imposed on the Hezbollah Financing Team on Friday, March 28. It added that this team manages Hezbollah's funding through various profitable commercial projects and oil smuggling networks, often in cooperation with the Iranian Revolutionary Guard's Quds Force, to generate revenues for Hezbollah. This team uses front companies to generate millions of dollars in revenue for Hezbollah, according to the department, in addition to supporting its terrorist activities and allowing key partners and family members to enrich themselves through these commercial projects. The U.S. Treasury Department stated that the punished entities linked to Hezbollah are income-generating commercial institutions owned or controlled by Hezbollah, facilitating and concealing oil sales for the Iranian Quds Force, while also providing Hezbollah with crucial access to the official financial system. Senior financial officials in Hezbollah oversaw the network, including Mohammad Qasir, who was killed by an "Israeli" strike in Beirut last year, along with his son-in-law, Mohammad Qassim Bizal, both of whom are on the sanctions list. The U.S. Treasury Department had previously imposed sanctions on numerous individuals, most of whom were relatives of Bizal, as well as companies associated with them operating in Lebanon and abroad.