The powerful Lebanese Hezbollah militia has thrived for decades on generous cash handouts from Iran, spending lavishly on benefits for its fighters, funding social services for its constituents and accumulating a formidable arsenal that has helped make the group a significant regional force, with troops in Syria and Iraq.
But since President Donald Trump introduced sweeping new restrictions on trade with Iran last year, raising tensions with Tehran that reached a crescendo in recent days, Iran’s ability to finance allies like Hezbollah has been curtailed. Hezbollah, the best funded and most senior of Tehran’s proxies, has seen a sharp fall in its revenue and is being forced to make draconian cuts to its spending, according to Hezbollah officials, members and supporters.
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