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US slaps new sanctions on networks aiding Iran’s proxies in Middle East

By Andrea Shalal

WASHINGTON, Sept 10 (Reuters) – The U.S. government announced new sanctions on Thursday against firms and individuals that it says are aiding Hezbollah and other Iranian proxies in the Middle East as it intensified its campaign to isolate Iran economically.

The latest sanctions are part of the Treasury Department’s “Operation Economic Outcast,” announced August 24, which aims to cut off Tehran’s funding for the war, missile construction, cyberattacks and the Islamic Revolutionary Guard Corps, or IRGC.

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