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Sources report Iran provided $200 million to Hezbollah — Cyprus Mail

UA.NEWS 07 October 2026 17:52
Sources report Iran provided $200 million to Hezbollah — Cyprus Mail

In Lebanon, Hezbollah received $200 million in cash from Iran to assist its supporters who were displaced as a result of the war with Israel. Cyprus Mail reports, citing two people directly familiar with the transfer of funds.

Payments for displaced families

According to the sources, the funds arrived last month despite increased U.S. economic pressure on Iran and difficulties transferring money to Tehran's Lebanese ally. Intermediaries who delivered the money charged a 20% commission because of the risks of working with Hezbollah. One source said this was four times the usual rate.

Hezbollah plans to pay each family $3,000 at the initial stage, the sources said. Priority is to be given to people whose villages were destroyed or remain inaccessible because of the Israeli occupation. One source estimated that this concerns about 50,000 families.

A Hezbollah representative said the group had secured a certain amount and would announce a plan for its distribution in the coming days, without specifying the origin of the money. Iran's Foreign Ministry, Iran's permanent mission in Geneva, the U.S. State Department and the Lebanese government did not respond to requests for comment.

More current news is available on the UA.News Telegram channel Telegram.

Transfer difficulties and consequences of the war

According to the U.S. Treasury Department, Iran transferred $1 billion to Hezbollah during the first ten months of 2025. Tehran has not officially acknowledged funding the group. After the collapse of an interim agreement with Iran in July, the United States increased sanctions pressure and imposed a naval blockade to limit Iranian oil exports.

One source said it is becoming increasingly difficult for Hezbollah to use financial companies to transfer funds: entities in Iraq and Dubai are no longer available, and they are also facing pressure in Turkey. At the same time, he said, the group continued making payments to its fighters and the families of those killed.

Lebanon's Health Ministry said that Israeli attacks in the country have claimed more than 4,300 lives since March 2. The ministry did not specify how many of those killed may have been combatants. Lebanese Prime Minister Nawaf Salam said last month that reconstruction costs after two wars since 2024 could exceed $27 billion.

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