The U.S. Department of the Treasury announced on Thursday new sanctions against several individuals accused of transferring tens of millions of dollars from Iran to Hezbollah in 2025 through Lebanese money exchange houses. According to the Treasury, these networks exploit Lebanon’s largely cash-based and informal financial system to fund the Shia group’s military and political activities.
Under Secretary of the Treasury for Terrorism and Financial Intelligence John K. Hurley stated that “Lebanon has the opportunity to be free, prosperous, and secure, but that can only happen if Hezbollah is fully disarmed and cut off from Iranian funding.”
The sanctions specifically target Ossama Jaber, Jaafar Muhammad Qasir, the son of the late Hezbollah financial chief Muhammad Qasir, and Samer Kasbar, director of Hokoul SAL Offshore, already designated by Washington. These men allegedly coordinated money transfers stemming from the sale of Iranian oil and other goods, as well as other covert commercial operations.
The U.S. Treasury estimates that more than one billion dollars have been transferred since early 2025 from Iran’s Islamic Revolutionary Guard Corps–Quds Force to Hezbollah, primarily through exchange companies.
The measures, enacted under Executive Order (E.O.) 13224, freeze all assets of the designated individuals in the United States and prohibit U.S. entities from engaging in any transactions with them.
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