U.S., Gulf Nations Sanction Iranian Financial Network in Joint Action
Saudi Arabia, Qatar and five other Gulf nations joined the U.S. in imposing sanctions on a financing network controlled by Iran’s military and several men linked to the Tehran-backed Lebanese group Hezbollah. Top U.S. Treasury Department officials said the action is the largest ever by the Riyadh-based Terrorist Financing Targeting Center, whose membership also includes the United Arab Emirates, Oman, Bahrain and Kuwait.
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