US to continue economic pressure on Iran and Hezbollah

The US is to continue its economic pressure on Iran and Hezbollah, the Assistant Secretary for Terrorist Financing Marshall Billingslea said. (File/AFP)
Updated 15 September 2019

US to continue economic pressure on Iran and Hezbollah

  • Treasury’s Billingslea added that the drug trade in South America was financing the terrorist organization
  • Said US Treasury has had no difficulty in convincing Europe that the regime in Iran is corrupt

WASHINGTON: The US is to continue its economic pressure on Iran and its Lebanese proxy Hezbollah, the Assistant Secretary for Terrorist Financing Marshall Billingslea said on Friday.

Speaking at the Atlantic Council, Billingslea added that the drug trade in South America was financing the terrorist organization, and that other sources of funding included money laundering. He also said that South America was starting to turn against Hezbollah, which is backed by Iran.

Billingslea said that the US Treasury will continue to exert economic pressure on Iran and Hezbollah, and that it considers the buying of Iranian oil as funding terrorism.

Due to Iraq’s proximity to Iran, the Iraqi people “ are victims,” Billingslea said. However, any Iraqi party that colludes with Iran’s Revolutionary Guards will have sanctions imposed on it.

He continued by saying that NATO countries supported the US and consider Iran a terrorist state.

The US Treasury has had no difficulty in convincing Europe that the regime in Iran is corrupt and that corruption is widespread, the Assistant Secretary for Terrorist Financing said. He added that the US has informed European countries that dealing with Iran will harm their trade with the country.

Shipping companies must know who they are dealing with, otherwise they will be sanctioned, Billingslea said.


US sanctions Iran minister over Internet censorship

Updated 9 min 37 sec ago

US sanctions Iran minister over Internet censorship

  • Treasury Secretary Steven Mnuchin: We are sanctioning Iran’s Minister of Information and Communications Technology for restricting Internet access
  • Mnuchin: Iran’s leaders know that a free and open Internet exposes their illegitimacy, so they seek to censor Internet access to quell anti-regime protests

WASHINGTON: The US Treasury slapped punitive sanctions on Iran’s communications minister, Mohammad Javad Azari Jahromi, Friday after the Tehran regime blocked Internet communications amid violent protests triggered by a petrol price hike.
“We are sanctioning Iran’s Minister of Information and Communications Technology for restricting Internet access, including to popular messaging applications that help tens of millions of Iranians stay connected to each other and the outside world,” said Treasury Secretary Steven Mnuchin in a statement.
“Iran’s leaders know that a free and open Internet exposes their illegitimacy, so they seek to censor Internet access to quell anti-regime protests,” Mnuchin said.
The protests erupted across the country on November 15, after the price of petrol was raised by as much as 200 percent.
Officials have confirmed five deaths, while Amnesty International said that more than 100 demonstrators were believed to have been killed after authorities reportedly used live ammunition to quell the protests, which brought attacks on police stations and petrol stations and some looting of shops.
The Treasury said Azari Jahomi is a former official of the Ministry of Intelligence who has advanced Internet censorship since becoming minister two years ago.
He has “also been involved in surveillance against opposition activists,” the Treasury said.
Internet service remained mostly blocked on Friday for a sixth day, with officials and news agencies saying the blackout was gradually being rolled back.
The sanctions would freeze financial assets and property Azari Jahomi has in US jurisdictions and forbid Americans or US businesses, especially banks, from dealing with him.
On Thursday, President Donald Trump accused Iran of blocking the Internet to cover up “death and tragedy” resulting from the protests.
“Iran has become so unstable that the regime has shut down their entire Internet System so that the Great Iranian people cannot talk about the tremendous violence taking place within the country,” Trump tweeted.
“They want ZERO transparency, thinking the world will not find out the death and tragedy that the Iranian Regime is causing!” he wrote.