US sanctions Hezbollah, citing Iran ties; targets cash smuggling network

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The United States has imposed new sanctions on Hezbollah, re-designating the organization under a terrorism authority to emphasize its ties to Iran’s IRGC-Quds Force. The sanctions also target ten individuals accused of smuggling cash for Hezbollah. This move reflects the Biden administration’s continuing pressure on groups aligned with Iranian interests. Prediction markets have responded to the announcement, with the likelihood of Mojtaba Khamenei attending U.S.-Iran diplomatic talks by December 31, 2026 now estimated at around 5%.

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