The US Treasury Department announced on Wednesday fresh sanctions on the Iran-backed Lebanese "Hezbollah" party.
"By targeting "Hezbollah's" Shura Council, our nations collectively rejected the false distinction between a so-called "Political Wing" and "Hezbollah's" global terrorist plotting", said Secretary of the Treasury Steven Mnuchin.
At the same time, the six Gulf members of the TFTC - Saudi Arabia, Bahrain, Kuwait, Oman, Qatar, and the United Arab Emirates - declared sanctions on another nine individuals and firms part of or linked to Hezbollah that were already blacklisted by the US Treasury.
The announcement followed two USA moves in the past week to put pressure on Iran's financial networks, including sanctions announced Tuesday that aimed at an alleged financial pipeline that moved "hundreds of millions of dollars" from Iran's central bank through an Iraqi bank to Hezbollah. He was "Hezbollah's" first official spokesperson and was involved in the formation of "Hezbollah".
The Gulf states also targeted four of the movement's committes, and ordered the individuals' assets and bank accounts frozen, it said.
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The TFTC is a bold and historic effort to expand and strengthen the seven member states' cooperation to counter the financing of terrorism.
Meanwhile, the new U.S. Embassy in Jerusalem has enraged the Palestinian Authority, as well as militant group Hamaz, which has ties to Iran and Hezbollah.
"The American administration, with all available and possible means, will not be able to damage the strength of the resistance", Nasrallah said on Aug.13 in a televised address to mark the anniversary of the end of Hezbollah's 2006 war with Israel.
Tensions have increased among the U.S., Iran, and Shiite Muslim groups in the Middle East over the past week after President TrumpDonald John TrumpOregon governor to face state rep in November Ashford, Eastman neck and neck in Nebraska Dem primary Progressive pick Wild wins Dem primary for Pa. House seat MORE announced he would pull the U.S. from the multination Iran nuclear deal.
"Under the dictates of the Iranian Revolutionary Guard Corps-Qods Force (IRGC-QF), Secretary General and head of the Shura Council Hasan Nasrallah is prolonging the human suffering in Syria, fueling the violence in Iraq and Yemen, putting the Lebanese state and the Lebanese people at risk, and destabilizing the entire region".