US designates Hezbollah an Iranian proxy, sanctions funding network

The United States has changed its designation of Hezbollah to that of an Iranian proxy and announced sanctions against an alleged funding network. The re-designation of the Lebanon-based armed group and sanctioning of the financing network, which the US Treasury linked to Iran’s Islamic Revolutionary Guard Corps (IRGC), was announced on Thursday. The move comes as the US prepares economic measures which it says will crush Iran’s economy and “collapse” the “regime” in Tehran.

The US Treasury labels Lebanon-based group 'an extension' of the IRGC's Quds Force and takes aim at financing.

Summarised by Agaah from Al Jazeera. Agaah aggregates 36 sources and removes duplicate coverage — all news, one place.