US Enforces New Sanctions on Hezbollah’s Gold Exchange Firm
The United States has implemented new sanctions targeting a Lebanese gold firm linked to Hezbollah, aiming to weaken the group’s financial resources. The Trump administration announced the blacklisting of Jood SARL, which is alleged to facilitate the conversion of Hezbollah’s gold reserves into liquid funds. This move comes amid ongoing tensions in the Middle East and aims to disrupt the group’s revenue streams.
Details of the Sanctions
According to US Treasury Secretary Scott Bessent, Hezbollah poses a significant threat to peace and stability in the region. The sanctions against Jood SARL are part of a broader effort to disconnect the group from the global financial network.
Background on Hezbollah and Jood SARL
- Hezbollah has rejected the legitimacy of the US sanctions, claiming they exacerbate economic turmoil in Lebanon.
- The sanctions coincide with historically high gold prices, which currently exceed $5,000 per ounce.
- Jood SARL operates under al-Qard al-Hassan (AQAH), a previously sanctioned entity associated with Hezbollah.
The US Treasury has stated that AQAH has been instrumental in facilitating Hezbollah’s cash flow by establishing a network of gold trading companies in Lebanon and potentially abroad. This network emerged as Hezbollah faced funding challenges in early 2025.
Additional Impacts of the Measures
The sanctions announced on Tuesday also extend to several individuals and shipping firms linked to Hezbollah, effectively freezing their assets in the US. This measure prohibits US citizens and companies from engaging in financial transactions with these entities.
Military Context and Humanitarian Impact
Hezbollah has faced significant military setbacks due to Israeli operations in 2024, which resulted in the deaths of key officials. Following a ceasefire in November 2024, Hezbollah allocated millions to assist families displaced by Israeli attacks. However, reconstruction efforts in southern Lebanon remain hindered, with many citizens unable to return home due to ongoing Israeli assaults.
In parallel with the US sanctions, the Lebanese government has expressed intentions to push for the disarmament of Hezbollah. However, the group has firmly rejected these demands, asserting its right to resist against perceived Israeli expansionism.
International and Local Reactions
Lebanon’s Foreign Ministry has made formal complaints to the United Nations, detailing over 2,000 violations of the ceasefire by Israel in late 2025. The sanctions from the US further complicate the situation, as many believe they disproportionately affect civilians and the broader Lebanese economy.
