Hezbollah's finances under pressure

A report published in "The Jewish Chronicle" discusses Israel and the United States targeting Hezbollah's financial infrastructure. It points out that the party relies on a complex financial system involving multiple sources such as smuggling, intermediaries, and banking networks, with significant funding from Iran. Iran's ability to finance Hezbollah has declined due to sanctions and reduced oil exports, especially following events in Syria that impacted smuggling networks and employment levels in the drug trade, thereby decreasing the party's financial income. Additionally, key financial institutions linked to Hezbollah, such as the "Al-Qard Al-Hassan" organization, have been targeted through Israeli airstrikes that destroyed many of their branches, although some activities continue. The aim is to limit Hezbollah’s ability to operate as an alternative financial network.

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