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.


Tunisian police arrest member of parliament who mocked president

Updated 05 February 2026
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Tunisian police arrest member of parliament who mocked president

  • Ahmed Saidani mocked the president in a Facebook post, describing him as the “supreme commander of sewage and rainwater drainage”

TUNIS: Tunisian police arrested lawmaker Ahmed Saidani on Wednesday, two of his colleagues ​said, in what appeared to be part of an escalating crackdown on critics of President Kais Saied.
Saidani has recently become known for his fierce criticism of Saied. On Tuesday, he mocked the president in a Facebook post, describing him as the “supreme commander of sewage and rainwater drainage,” blasting what he said ‌was the absence ‌of any achievements by Saied.
Saidani ‌was ⁠elected ​as ‌a lawmaker at the end of 2022 in a parliamentary election with very low voter turnout, following Saied’s dissolution of the previous parliament and dismissal of the government in 2021.
Saied has since ruled by decree, moves the opposition has described as a coup.
Most opposition leaders, ⁠some journalists and critics of Saied, have been imprisoned since he ‌seized control of most powers in 2021.
Activists ‍and human rights groups ‍say Saied has cemented his one-man rule and ‍turned Tunisia into an “open-air prison” in an effort to suppress his opponents. Saied denies being a dictator, saying he is enforcing the law and seeking to “cleanse” the country.
Once a supporter ​of Saied’s policies against political opponents, Saidani has become a vocal critic in recent months, accusing ⁠the president of seeking to monopolize all decision-making while avoiding responsibility, leaving others to bear the blame for problems.
Last week, Saidani also mocked the president for “taking up the hobby of taking photos with the poor and destitute,” sarcastically adding that Saied not only has solutions for Tunisia but claims to have global approaches capable of saving humanity.
Under Tunisian law, lawmakers enjoy parliamentary immunity and cannot be arrested for carrying out their ‌duties, although detention is allowed if they are caught committing a crime.