Story perspectives

US Sanctions Gold Firm Linked to Hezbollah's Funding

2/11/2026

Summary

Story summary

The Trump administration imposed sanctions on Jood SARL, a gold firm linked to Hezbollah, to cut off its resources in 2024.
The sanctions block the firm's assets in the United States and prohibit financial transactions with it.
U.S. Treasury Secretary Scott Bessent stated that Hezbollah poses a threat to Middle Eastern stability.
Lebanese authorities are pressuring Hezbollah to disarm, but the group refuses, citing its right to resist Israeli expansionism.

History

Historical Context

Since the U.S. designated Hezbollah a terrorist organization in 2015, it has imposed sanctions to disrupt the group's financial networks, which reportedly receive over $300 million annually, primarily from Iran. Recent sanctions against Jood SARL reflect ongoing efforts to weaken Hezbollah's influence amid persistent geopolitical tensions in the Middle East, particularly as the group continues to resist disarmament despite pressure from Lebanese authorities.

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Story summary

The Trump administration imposed sanctions on Jood SARL, a gold firm linked to Hezbollah, to cut off its resources in 2024.
The sanctions block the firm's assets in the United States and prohibit financial transactions with it.
U.S. Treasury Secretary Scott Bessent stated that Hezbollah poses a threat to Middle Eastern stability.
Lebanese authorities are pressuring Hezbollah to disarm, but the group refuses, citing its right to resist Israeli expansionism.

1 / 2