US slaps new sanctions on networks aiding Iran's proxies in Middle East

The U.S. government announced new sanctions on Thursday against firms and individuals that it says are aiding Hezbollah and other Iranian proxies in the Middle East as it intensified its campaign to isolate Iran economically.



The latest sanctions are part of the Treasury Department's "Operation Economic Outcast," announced August 24, which aims to cut off Tehran's funding for the war, missile construction, cyberattacks and the Islamic Revolutionary Guard Corps, or IRGC.



Thursday's actions by Treasury's Office of Foreign Assets Control hit entities and individuals in Iraq, theUnited Arab Emirates, Lebanon and Turkey that Washington said supported Kata’ib Hezbollah, an Iraqi Shia paramilitary group under the command of the IRGC, and Hezbollah, a Lebanese Shia party,

Treasury said in a statement.