OFAC targets Hizballah-linked actors and entities in Lebanon, including a gold trading network, freezing their U.S. assets to cut off the terrorist group’s funding and operations

Action targets gold-trading and commodities networks linked to Hizballah’s financial apparatus, including entities like Jood SARL that convert gold reserves into usable funds and support the group’s cash flow and procurement operations. These sanctions block property and interests within U.S. jurisdiction and prohibit transactions by U.S. persons or with U.S. entities involving the designated operatives, aiming to cut off revenue streams that sustain Hizballah and undermine peace and stability in the region…