Iraq places Mahmoud Qomati and Sleiman Frangieh on banking sanctions list

Iraqi authorities have added Lebanon’s Hezbollah to Iraq’s banking sanctions list under the amended U.S. Executive Order 13224, citing the continued operation of financial and logistical support networks linked to the group. The decision imposes restrictions on banking and financial transactions involving the individuals and entities designated under the sanctions framework.

Beyond its financial impact, the move carries clear political significance. Iraq, long considered a key arena for regional political and financial influence, now appears to be taking part in a broader effort to tighten restrictions on Hezbollah and its support networks. Among the names reportedly associated with these sanctions are former MP Suleiman Frangieh and Hezbollah official Mahmoud Qomati, raising broader questions about the future scope of the group’s financial and political activities across the region