US targets Iraq's Kataib Hezbollah and Hezbollah finance networks
The State Department said the US was taking action under Operation Economic Outcast against Kataib Hezbollah, Hezbollah and the financial networks that sustain Iran's regional campaign, calling them instruments of 'violence and subversion' that threaten Iraq, Lebanon, US personnel and global energy flows.
Why this matters. The move targets Iran-aligned armed groups in Iraq as US-led coalition forces prepare to leave the country by Sep 30.