MAR 29, 2024 JLM 75°F 01:18 PM 06:18 AM EST
Al Arabiya: Cash from new deal with Iran will give boost to Lebanon’s Hezbollah

The US State Department said in 2020 that Iran was providing Hezbollah with about $700 million per year.

Fears are again rising that Iran will be flush with cash not to invest in its own people and infrastructure but rather to supply to its proxies and militias around the region.

A new report suggests that Iran would be on the receiving end of $275 billion of sanctions relief in the first of a new deal and more than $1 trillion by 2030.

The Washington-based Foundation for Defense of Democracies (FDD) sounded the alarm in a recent report that a significant portion of Iran’s new funds would go to Lebanon’s Hezbollah.

Source: Al Arabiya

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