US targets Iranian, Hezbollah financial network with sanctions

The US Treasury Department building is shown at dusk in Washington on June 6, 2019. (AP Photo)
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Updated 31 January 2024
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US targets Iranian, Hezbollah financial network with sanctions

  • Treasury Department said it had imposed sanctions on Turkiye-based Mira Ihracat Ithalat Petrol
  • Department also targeted two Lebanon-based entities, Yara Offshore SAL and Hydro Company for Drilling Equipment Rental

WASHINGTON: The United States imposed sanctions on three entities and one individual based in Turkiye and Lebanon on Wednesday for giving “critical financial support” to a financial network used by Iran’s Quds Force (IRGC-QF) and Lebanon’s Hezbollah.
“These entities have generated hundreds of millions of dollars’ worth of revenue from selling Iranian commodities, including to the Syrian government,” the US Treasury Department said in a statement.
“These commodity sales provide a key source of funding for the IRGC-QF and Hezbollah’s continued terrorist activities and support to other terrorist organizations throughout the region,” it added.
The Treasury Department said it had imposed sanctions on Turkiye-based Mira Ihracat Ithalat Petrol, which purchases, transports, and sells Iranian commodities on the global market, and its chief executive and owner Ibrahim Talal Al-Uwayr, who is also known under the alias Ibrahim Agaoglu.
It also targeted two Lebanon-based entities, Yara Offshore SAL, a company affiliated with Hezbollah which has facilitated large sales of Iranian commodities to Syria, and Hydro Company for Drilling Equipment Rental, which is involved in financing the IRGC-QF by facilitating the shipment of Iranian commodities worth hundreds of millions of dollars to Syria.
As a result of the sanctions, all property of those targeted in the United States or that fall under the control of US persons is blocked.
US regulations generally bar US persons from dealing with property of designated or otherwise blocked persons. Further, non-US financial institutions and others that engage in certain dealings with those sanctioned may expose themselves to sanctions or be subject to an enforcement action.


Israel orders Gaza families to move in first forced evacuation since ceasefire

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Israel orders Gaza families to move in first forced evacuation since ceasefire

CAIRO: Israeli forces have ordered dozens of Palestinian families in the southern Gaza Strip to leave their homes in the first forced evacuation since October’s ceasefire, as residents and Hamas said on Tuesday the military was ​expanding the area under its control.
Residents of Bani Suhaila, east of Khan Younis, said the leaflets were dropped on Monday on families living in tent encampments in the Al-Reqeb neighborhood.
“Urgent message. The area is under IDF control. You must evacuate immediately,” said the leaflets, written in Arabic, Hebrew, and English, which the army dropped over the Al-Reqeb neighborhood in the town of Bani Suhaila.
In the two-year war before the US brokered ceasefire was signed in October, Israel dropped leaflets over areas that were subsequently raided or bombarded, forcing some families to move several times.
Residents and a source from the Hamas militant group said this was the first time they had been ‌dropped since then. ‌The Israeli military did not immediately respond to a request for comment.

SIDES FAR ‌APART ⁠ON ​NEXT PHASES
The ‌ceasefire has not progressed beyond its first phase, under which major fighting has stopped, Israel withdrew from less than half of Gaza, and Hamas released hostages in return for Palestinian detainees and prisoners.
Virtually the entire population of more than 2 million people are confined to around a third of Gaza’s territory, mostly in makeshift tents and damaged buildings, where life has resumed under control of an administration led by Hamas.
Israel and Hamas have accused each other of major breaches of the ceasefire and remain far apart on the more difficult steps planned for the next phase.
Mahmoud, a resident from the ⁠Bani Suhaila area, who asked not to give his family name, said the evacuation orders impacted at least 70 families, living in tents and homes, ‌some of which were partially damaged, in the area.
“We have fled ‍the area and relocated westward. It is maybe the ‍fourth or fifth time the occupation expanded the yellow line since last month,” he told Reuters by phone ‍from Khan Younis, referring to the line behind which Israel has withdrawn.
“Each time they move it around 120 to 150 meters (yards) inside the Palestinian-controlled territory, swallowing more land,” the father-of-three said.

HAMAS CITES STATE OF HUMANITARIAN DISRUPTION
Ismail Al-Thawabta, director of the Hamas-run Gaza government media office, said the Israeli military had expanded the area under its control in eastern Khan Younis five times since ​the ceasefire, forcing the displacement of at least 9,000 people.
“On Monday, 19 January 2026, the Israeli occupation forces dropped warning leaflets demanding the forced evacuation of the Bani Suhaila area in eastern ⁠Khan Younis Governorate, in a measure that falls within a policy of intimidation and pressure on civilians,” Thawabta told Reuters.
He said the new evacuation orders affected approximately 3,000 people.
“The move created a state of humanitarian disruption, increased pressure on the already limited shelter areas, and further deepened the internal displacement crisis in the governorate,” Thawabta added.
Israel’s military has previously said it has opened fire after identifying what it called “terrorists” crossing the yellow line and approaching its troops, posing an immediate threat to them.
It has continued to conduct air strikes and targeted operations across Gaza. The Israeli military has said it views “with utmost severity” any attempts by militant groups in Gaza to attack Israel.
Under future phases of the ceasefire that have yet to be hammered out, US President Donald Trump’s plan envisages Hamas disarming, Israel pulling out further, and an internationally backed administration rebuilding Gaza.
More than 460 Palestinians and three Israeli soldiers have been reported killed since the ceasefire took ‌effect.
Israel launched its operations in Gaza in the wake of an attack by Hamas-led fighters in October 2023 which killed 1,200 people, according to Israeli tallies. Israel’s assault has killed 71,000 people, according to health authorities in the enclave.