Iran Says Haniyeh Was Killed by Short-range Projectile

A child holding a Palestinian national flag takes part in a protest against the assassination of Hamas chief Ismail Haniyeh in an air strike in Tehran, in Lahore on August 2, 2024. (Photo by Arif ALI / AFP)
A child holding a Palestinian national flag takes part in a protest against the assassination of Hamas chief Ismail Haniyeh in an air strike in Tehran, in Lahore on August 2, 2024. (Photo by Arif ALI / AFP)
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Iran Says Haniyeh Was Killed by Short-range Projectile

A child holding a Palestinian national flag takes part in a protest against the assassination of Hamas chief Ismail Haniyeh in an air strike in Tehran, in Lahore on August 2, 2024. (Photo by Arif ALI / AFP)
A child holding a Palestinian national flag takes part in a protest against the assassination of Hamas chief Ismail Haniyeh in an air strike in Tehran, in Lahore on August 2, 2024. (Photo by Arif ALI / AFP)

Iran's Revolutionary Guards said on Saturday that Hamas leader Ismail Haniyeh was slain in Tehran by a short-range projectile with a warhead of about 7 kg, and vowed severe revenge.

Wednesday's assassination has drawn fears of direct conflict between Tehran and its arch-enemy Israel in a region shaken by Israel's war in Gaza and a worsening conflict in Lebanon.

Revenge for the killing of the Hamas leader will be "severe and at an appropriate time, place, and manner," the Guards' statement added, blaming the "terrorist Zionist regime" of Israel for his death.

Iran and Hamas have accused Israel of carrying out the strike that killed Haniyeh hours after he attended the inauguration of Iran's new president.

Israeli officials have not claimed responsibility.

According to Reuters, the statement by the Guards force also accused the "criminal US government" of supporting the attack which Iranian media said was in a northern suburb of Tehran.

Haniyeh was buried on Friday in Qatar, where he was based.



Lebanon Bans Dealing with Hezbollah Financial Entity

A view shows Lebanon's Central Bank building in Beirut, Lebanon April 4, 2025. REUTERS/Mohamed Azakir/File Photo
A view shows Lebanon's Central Bank building in Beirut, Lebanon April 4, 2025. REUTERS/Mohamed Azakir/File Photo
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Lebanon Bans Dealing with Hezbollah Financial Entity

A view shows Lebanon's Central Bank building in Beirut, Lebanon April 4, 2025. REUTERS/Mohamed Azakir/File Photo
A view shows Lebanon's Central Bank building in Beirut, Lebanon April 4, 2025. REUTERS/Mohamed Azakir/File Photo

Lebanon's central bank has banned banks and brokerages from dealing with a Hezbollah-affiliated financial institution, according to a circular, a sign of the group's diminished sway over state affairs since its devastating war with Israel.

Keeping up military pressure on the Iran-backed group, Israel on Tuesday launched some of its heaviest airstrikes since a ceasefire in November, saying it hit training camps and weapons depots in east Lebanon. A security source in Lebanon said 12 people were killed, five of them Hezbollah fighters, Reuters reported.

Hezbollah has faced mounting pressures since the war, including financial ones.

In the circular, dated July 14 and reviewed by Reuters, Banque du Liban prohibited all licensed financial institutions in Lebanon from dealing directly or indirectly with unlicensed entities and listed Hezbollah's Al-Qard Al-Hassan as an example.

The US Department of Treasury imposed sanctions on Al-Qard Al-Hassan in 2007, saying Hezbollah used it as a cover to manage "financial activities and gain access to the international financial system".

Bolstered by its powerful arsenal, Hezbollah had long exercised decisive influence over Lebanese state affairs, but it was unable to impose its will in the formation of a post-war government in February.

Al-Qard Al-Hassan, founded in 1983, describes itself as a charitable organisation which provides loans to people according to Islamic principles that forbid interest. Israel struck some of its branches during its war with Hezbollah last year.

Operating as a not-for-profit organisation under a licence granted by the Lebanese government, it has more than 30 branches, mostly in southern Lebanon and the Bekaa Valley.

SHADOW ECONOMY

A Lebanese official said the central bank move had been in the works for months, and reflected US pressure on Lebanon to take action against Hezbollah's financial wing.

Nassib Ghobril, chief economist at Byblos Bank, said Lebanese banks were already careful to avoid dealing with Al-Qard Al-Hassan because it is under US sanctions.

"The important point is that finally the authorities are addressing the shadow economy in Lebanon, which is the real problem," he said, adding that authorities had long failed to address its "toxic effects".

In June, the European Commission included Lebanon in an updated list of high-risk jurisdictions presenting strategic deficiencies in their national anti-money laundering and countering the financing of terrorism.

Last year, global financial crime watchdog FATF placed Lebanon on its "grey list" of countries under special scrutiny.