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.

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.