Hezbollah Extensive Financing Network in Europe

According to a DPI* study, Hezbollah, continues to maintain a transnational presence spanning the Middle East, Latin America, Africa, and Europe. The group remains a key component of Iran’s so-called “Axis of Resistance,” and designated by several Western countries as a terrorist organization. The report alleges that Hezbollah is involved in a wide range of illicit activities, including drug trafficking, money laundering, oil smuggling, and the trade of diamonds and art. U.S. government assessments cited in the study estimate that around one-third of the group’s funding originates from criminal enterprises worldwide. *DPI: Documentation Center Political Islam  Hezbollah can lose fighters,…