US Sanctions 3 Firms in Lebanon and Turkey Over Iran, Hezbollah Funding

The United States has imposed sanctions on three businesses and an individual in Lebanon and Turkey for allegedly channeling funds to Iran’s Revolutionary Guard and Hezbollah.

According to a statement from the U.S. Treasury, sanctions were placed on the Turkish company Mira Ihracat Ithalat Petrol (Mira) and its CEO, Ibrahim Talal al-Uwayr, for their involvement in the global sale, transportation, and purchase of Iranian commodities. Additionally, Lebanon-based companies Yara Offshore SAL and Hydro Company for Drilling Equipment Rental were sanctioned for reportedly selling substantial amounts of Iranian goods to Syria.

These companies are accused of generating revenue in the hundreds of millions of dollars by selling Iranian commodities, including transactions with the Syrian government.

These sanctions come at a time when the international community, particularly Washington, is awaiting a response to a recent attack. This attack, believed to be orchestrated by an Iranian-backed militia in the region, resulted in the deaths of three U.S. soldiers at a military base in Jordan, close to the Syrian border.