US sanctions 2 Lebanon-based firms, Hezbollah-linked person

in DLIKE4 years ago

STEEM POSTS

The U.S. Treasury on Thursday imposed sanctions on two Lebanon-based companies and a man described as an official with the Lebanese militant Hezbollah group

The United States considers the Iran-backed Hezbollah a terrorist organization and has imposed sanctions on many of the militant group's officials in the past.

The new wave of sanctions comes as Lebanon is passing through its worst economic and financial crisis in decades. The country is also facing a political deadlock amid delays in the formation of a new, crisis Cabinet, because of a portfolio dispute.


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