The damage to the settlement enterprise will not be abated by the signing of a nullification order in Washington.
"We will not allow Hezbollah and its supporters to continue funding terrorism against the State of Israel," said Katz.
The Treasury Department said the sanctions targeted the group's representatives abroad, including those involved in fundraising efforts.
Connecting Iran's Shetab interbank network to the Russian system enabled collaboration, reducing reliance on the global SWIFT network, which has excluded Iranian banks since 2018.
As G7 mulls Russian palladium sanctions, global markets hold their breath. With automotive industry hanging in balance and prices soaring, can the West afford to cut off Moscow's metal supply?
Regulatory shaming by the Bank of Israel is a step in the right direction. We can only hope it will lead to real improvement in the conduct of the banks.
Ahead of the 2024 US presidential elections, Aryeh Lightstone and Joel Rubin debate on Donald Trump or Kamala Harris and their approaches to Israel, the Middle East, and more.
Algoney Hamdan Daglo Musa (Algoney), is deeply enmeshed within the leadership of the rebel Rapid Support Forces (RSF) and is the head of the UAE-based Tradive General Trading LLC.
Designated officials, including those in Germany, Italy, and Turkiye, which enjoyed close relations with Hamas officials, are accused of supporting the terror group financially through sham charities.
The US imposed sanctions on Israel's Hilltop Youth movement and two individuals for violence against Palestinians, aiming to curb escalating West Bank tensions.