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US Imposes Sanctions On Entities Supporting Iran And Militants

U.S. Secretary of State Blinken meets with EU Foreign Policy Chief Borrell in Washington

The United States has taken significant actions by imposing sanctions on a money exchanger and a group of firms across six countries for their involvement in commodity shipments and business transactions benefiting Iran's military, the Houthi militant group in Yemen, and the Hezbollah militia in Lebanon. The Treasury Department's Office of Foreign Assets Control targeted six firms, two tankers, and a money exchanger based or registered in Liberia, India, Vietnam, Lebanon, or Kuwait, accusing them of materially supporting Iran, the Houthis, and Hezbollah.

Hezbollah and the Houthis have been engaged in regular attacks since the beginning of Israel's conflict with Hamas in Gaza, raising concerns about potential spillover of the conflict into the broader Middle East region. The ongoing exchanges of fire between Hezbollah militants and Israeli troops along Lebanon's southern border have resulted in the displacement of tens of thousands of people on both sides.

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