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Treasury Sanctions Hezbollah
- The U.S. Treasury Department announced sanctions on Hezbollah and ten individuals on Thursday, August 20, 2026.
- President Donald Trump warned that countries aiding Iran could face economic fallout, prompting oil prices to rise to a one-month high.
- The Treasury described Hezbollah as an Iranian proxy operating under the IRGC-Quds Force.
- Turkish businessman Yunus Alper Yilmaz is accused of managing cash-transfer network via Turkey-based exchange houses.
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