US sanctions five Syrian entities for backing Assad

The United States sanctioned three two Syrian businesses and three individuals over their financial support to the Assad regime, saying the move is part of the administration's efforts to deny Hizballah and Iran the resources to influence the region, Ednews informs via BBC.
"These two Damascus-based exchange companies have facilitated millions of dollars in transfers since 2021 to accounts at the US-designated Central Bank of Syria to benefit the Assad regime. US-designated Hizballah has also used these exchange companies to transfer money from other regional countries to Syria," the State Department explained in its statement.
Syria rejoined the Arab League earlier this month after over a decade of suspension as the neighboring countries sought to normalize relations with the Assad regime. The move was criticized by the US, while Russia welcomed the decision.