Tikvah
Editors’ Pick

October 23, 2024

Understanding Israel’s War on Hizballah’s Finances

Why use sanctions when you can bomb the banks?

For the past ten years, I’ve been reading, from some of the smartest Middle East analysts, about the need to stymie the financial lifelines of Iran and its murderous proxies. I’ve learned that Hizballah, besides receiving money from Tehran, funds its own activities through a web of illicit operations on at least four continents—laundering money for South American drug lords and trading in cocaine and narcotics. There are numerous actions America and allies could take, without firing a shot, that could disrupt or even cut off these income streams—but these calls to action have fallen on deaf ears.

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