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.

Lebanon’s Central Bank has banned licensed financial institutions from interacting with unauthorized entities including those linked to Hezbollah.

During a visit to Beirut last week in which he pressed for Hezbollah’s disarmament, Tom Barrack, a successful real estate investor and personal friend of President Donald Trump who serves as U.S. Ambassador to the Republic of Türkiye and U.