The U.S., Saudi Arabia, Bahrain, Kuwait, Oman, Qatar and the United Arab Emirates targeted "members of Hizballah's Shura Council [and] the primary decision-making body of Hizballah", the statement said.
The United States Wednesday imposed additional sanctions on Hezbollah's leadership, targeting five of its top officials, including Hezbollah Secretary-General Sayyed Hasan Nasrallah and deputy leader Sheikh Naim Qassem.
The TFTC was created to "expand and strengthen the seven member states' cooperation to counter the financing of terrorism by facilitating coordinated disruptive actions, sharing of financial intelligence information, and member state capacity-building to target terrorist financing networks and related activities that pose national security threats to TFTC members".
The US Treasury Department said four other individuals were also sanctioned, as was the group ISIS in the Greater Sahara.
"By targeting Hezbollah's Shura Council, our nations collectively rejected the false distinction between a so-called "Political Wing" and Hezbollah's global terrorist plotting", Treasury Secretary Steven Mnuchin said.
The group is fighting in Syria alongside Bashar al-Assad's military, and it has trained Iraqi Shiite militias which participated in retaking territory from the Daesh terror group.
Hezbollah was formed following the Israeli regime's invasion of Lebanon and the ensuing occupation of its southern parts in 1980s, and now constitutes Lebanon's de facto military power.
Coastal Awards rank Welsh beaches among the best in the world
The awards also acknowledge that both Roker and Seaburn have met the required European Union standards for water quality. The winners were announced by Keep Wales Tidy on a year which marks the 30th anniversary of the Blue Flag.
The Saudi authorities frequently accuse Hezbollah - along with Iran - of "destabilizing the region" by fueling unrest in Syria, Iraq and Yemen.
President Donald Trump's government pulled out of the Iran nuclear agreement on May 8th.
"These designations follow President Trump's decision last week to cease United States participation in the Joint Comprehensive Plan of Action, and to begin reimposing U.S. nuclear-related sanctions on the Iranian regime".
He has supervised training camps and the smuggling of weapons, and hosted experts from Iran's IRGC to train "Hezbollah" fighters on weapons systems.
During that speech, Trump accused the Islamic Republic of Iran of supporting terrorism and called its role in region "sinister".
Last week, the U.S. Treasury imposed sanctions against six individuals and three companies it said were funneling millions of dollars to the Revolutionary Guard's external arm, Quds Force.