On Sept. 10, the U.S. Treasury said its Office of Foreign Assets Control (OFAC)
designated individuals and entities that support Iran’s proxy networks in the
Middle East, including Hezbollah members, as part of the U.S. "economic
isolation" campaign against Iran. On Aug. 24, Treasury Secretary Bessent said
the U.S. had launched a new round of sanctions under the same "economic
isolation" push to further increase pressure on Iran.
