Middle East media has reported Iran cutting funds to militia groups in Syria as its economy continues to suffer from the renewed imposition of US sanctions.
According to reports, militant groups backed by Tehran have reported to have missed paychecks over the past months. Even financial aid to Iran’s closest Arab ally, the Lebanese Hezbollah, has dried up in the recent period.
Of course no one should be surprised at these developments. The American sanctions that kicked back in last November were designed well. They’ve hit Iran’s biggest industries, especially the oil sector, and have been slowly producing devastating effects. In January, Iranian President Hassan Rouhani said that Iran is facing its toughest economic situation in 40 years, and that the United States was squarely to blame.
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Update: Iran cuts Syria militia funds as US economic sanctions tighten (Middle East Monitor)
WNU Editor: When President Hassan Rouhani said that Iran is facing its toughest economic situation in 40 years, that got my attention. Fighting wars, even through proxies, is a very expensive proposition. If you do not have the economic resources to sustain it, you will eventually lose. And while I believe Iran will continue to spend heavily in places like Syria or Yemen, U.S. sanctions is bleeding them everywhere else.
