News
Latest News
news bulletin
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Other News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Beirut
28
o
Bekaa
21
o
Keserwan
28
o
Metn
28
o
Mount Lebanon
22
o
North
26
o
South
26
o
Live
Video
Audio
Schedule
shows
العربية
watching now
Loghz Al Akwiya
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
28
o
Bekaa
21
o
Keserwan
28
o
Metn
28
o
Mount Lebanon
22
o
North
26
o
South
26
o
News
Programs
The News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Programs
Series
Movies
Documentaries
Variety
Comedy
Talk Show
News Bulletin
Breaking News
Latest News
Highlighted News
Most Read
Videos
العربية
Watch the latest programs and the latest developments on your favorite screen
Shows
Join millions of followers
Who We Are
Contact Us
Advertise With Us
Careers
Channel frequencies
Privacy Policy
Terms and Conditions
US designates Lebanese businessmen in Hezbollah-related sanctions
Lebanon News
11-09-2024 | 10:50
High views
Share
Share
2
min
US designates Lebanese businessmen in Hezbollah-related sanctions
On Wednesday, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed sanctions on three individuals, five companies, and two vessels involved in smuggling oil and liquified petroleum gas (LPG) to generate revenue for Hezbollah.
The network, which is comprised of Lebanese businessmen and companies and overseen by a key leader of Hezbollah’s finance team, has enabled dozens of LPG shipments to the Government of Syria and channeled the profits to the group, said a Treasury Department press release.
"Illicit oil and LPG smuggling operations generate hundreds of millions of dollars for Hezbollah and support the group’s activities," it added.
Hezbollah official Muhammad Ibrahim Habib al-Sayyid, Lebanese businessman Ali Nayef Zgheib, and Lebanese businessman Boutros Georges Obeid are being designated pursuant to EO 13224 "for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, Hezbollah ."
Additionally, the US imposed sanctions on Zgheib and Obeid business networks, including Heavy Oil Distribution Company SAL (HODICO), Heavy Industrial Fuels SAL HIF (HIF SAL), Heavy Oil Distribution Company SAL Offshore (HODICO Offshore), and OHG Holding SAL.
Furthermore, the European Lebanese International Trade SARL (ELIT) is designated among the list. Meanwhile, LPG tankers ALPHA GAS and MARINA "are being identified as property in which Hezbollah has an interest."
Lebanon News
US
Sanctions
Lebanon
Hezbollah
Syria
OFAC
Next
Source close to Hezbollah says Israel strike targeted Palestinian affairs official
Recommended For You
d-none hideMe
0
Lebanon News
14:34
Speaker Nabih Berri condemns Israeli attacks on southern Lebanon
Lebanon News
14:34
Speaker Nabih Berri condemns Israeli attacks on southern Lebanon
0
Lebanon News
14:27
Syrian injured in Israeli airstrike on Meiss El Jabal, health center reports
Lebanon News
14:27
Syrian injured in Israeli airstrike on Meiss El Jabal, health center reports
0
Lebanon News
14:17
Israeli army claims airstrikes hit Hezbollah Radwan Force depots
Lebanon News
14:17
Israeli army claims airstrikes hit Hezbollah Radwan Force depots
0
Lebanon News
13:33
Lebanese president condemns Israeli airstrikes, calls for end to violations
Lebanon News
13:33
Lebanese president condemns Israeli airstrikes, calls for end to violations
Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
0
Lebanon News
2025-04-19
Samir Geagea slams return to threatening rhetoric, urges support for new leadership
Lebanon News
2025-04-19
Samir Geagea slams return to threatening rhetoric, urges support for new leadership
0
Lebanon News
11:47
Urgent: Israeli army tells residents in Tayr Zibna (Chehabiyeh) and Borj Qalaouiye to evacuate
Lebanon News
11:47
Urgent: Israeli army tells residents in Tayr Zibna (Chehabiyeh) and Borj Qalaouiye to evacuate
0
Lebanon News
2025-05-21
Public Works Minister launches national road rehabilitation plan in Lebanon
Lebanon News
2025-05-21
Public Works Minister launches national road rehabilitation plan in Lebanon
0
Lebanon News
2025-09-13
In pictures: Lebanese army displays weapons seized from Palestinian camps
Lebanon News
2025-09-13
In pictures: Lebanese army displays weapons seized from Palestinian camps
Videos
d-none hideMe
0
Lebanon News
2025-09-07
Lunar eclipse captivates Lebanon: watch the stunning video
Lebanon News
2025-09-07
Lunar eclipse captivates Lebanon: watch the stunning video
0
Lebanon News
2025-08-31
LBCI correspondent reports from Nabatieh as residents clear rubble after Israeli strikes
Lebanon News
2025-08-31
LBCI correspondent reports from Nabatieh as residents clear rubble after Israeli strikes
0
Lebanon News
2025-08-29
Unprecedented step: Lebanon funds kidney transplants for all qualified patients
Lebanon News
2025-08-29
Unprecedented step: Lebanon funds kidney transplants for all qualified patients
0
Lebanon News
2025-08-28
US envoy Barrack clarifies ‘animalistic’ comment, says media ‘just doing their job’
Lebanon News
2025-08-28
US envoy Barrack clarifies ‘animalistic’ comment, says media ‘just doing their job’
0
Lebanon News
2025-08-26
US congressional delegation in Beirut discusses disarmament of Hezbollah, LAF support, Israeli perspective
Lebanon News
2025-08-26
US congressional delegation in Beirut discusses disarmament of Hezbollah, LAF support, Israeli perspective
0
News Bulletin Reports
2025-08-23
40 years of LBCI: A look back at its milestones
News Bulletin Reports
2025-08-23
40 years of LBCI: A look back at its milestones
0
Lebanon News
2025-08-17
President Aoun: Hezbollah's weapons are an internal matter, US proposal is now a Lebanese paper
Lebanon News
2025-08-17
President Aoun: Hezbollah's weapons are an internal matter, US proposal is now a Lebanese paper
0
Lebanon News
2025-07-15
Pregnant journalist Petra Abou Haidar attacked in road rage assault
Lebanon News
2025-07-15
Pregnant journalist Petra Abou Haidar attacked in road rage assault
0
Lebanon News
2025-07-01
Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district
Lebanon News
2025-07-01
Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district
Most read
d-none hideMe
24 hours
7 days
Month
1
Lebanon News
09:51
Israeli army warns residents in three South Lebanon towns to evacuate immediately
Lebanon News
09:51
Israeli army warns residents in three South Lebanon towns to evacuate immediately
2
Lebanon News
02:46
Lebanese journalist and actress Yumna Sherry dies at 55 in Canada
Lebanon News
02:46
Lebanese journalist and actress Yumna Sherry dies at 55 in Canada
3
Lebanon News
11:47
Urgent: Israeli army tells residents in Tayr Zibna (Chehabiyeh) and Borj Qalaouiye to evacuate
Lebanon News
11:47
Urgent: Israeli army tells residents in Tayr Zibna (Chehabiyeh) and Borj Qalaouiye to evacuate
4
Lebanon News
07:57
Lebanon’s new authorities slow to act amid rising assaults on UN forces, says Samir Geagea
Lebanon News
07:57
Lebanon’s new authorities slow to act amid rising assaults on UN forces, says Samir Geagea
5
Lebanon News
10:23
Heavy displacement in southern Lebanon after Israeli evacuation warnings (Video)
Lebanon News
10:23
Heavy displacement in southern Lebanon after Israeli evacuation warnings (Video)
6
Lebanon News
10:33
Lebanon’s PM urges Israel to halt attacks following evacuation warnings
Lebanon News
10:33
Lebanon’s PM urges Israel to halt attacks following evacuation warnings
7
News Bulletin Reports
13:09
From dollars to gold: What US interest rate cuts mean for Lebanon
News Bulletin Reports
13:09
From dollars to gold: What US interest rate cuts mean for Lebanon
8
Lebanon News
04:34
Justice Minister Adel Nassar oversees Lebanon-Bulgaria coordination on Rhosus ship owner extradition
Lebanon News
04:34
Justice Minister Adel Nassar oversees Lebanon-Bulgaria coordination on Rhosus ship owner extradition
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use
cookies
to make
your experience on this
website better.
Accept
Learn More