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A 3rd round of US sanctions against Hamas focuses on money transfers from Iran to Gaza

The United States on Tuesday said it imposed a third round of sanctions on a group of Hamas officials, members of the Palestinian Islamic Jihad who work to transfer money from Iran to Gaza, and a Lebanese money exchange service that facilitates the transfers.

Quick Read

  • New US Sanctions on Hamas Officials: The United States announced a third round of sanctions targeting Hamas officials and members of the Palestinian Islamic Jihad, in response to the Oct. 7 attack by Hamas on Israel, which resulted in around 1,200 casualties.
  • Sanction Details: The sanctions, imposed by the Treasury Department and coordinated with the United Kingdom, block access to U.S. properties and bank accounts and prohibit dealings with Americans. They target individuals and entities involved in transferring funds from Iran to Gaza.
  • Focus on Financial Networks: The sanctions aim to disrupt Hamas’s financial infrastructure and its external funding sources, and to protect the international financial system from exploitation by militant groups.
  • Designation of a Palestinian Islamic Jihad Leader: The State Department has also placed diplomatic sanctions on a leader of the Palestinian Islamic Jihad, a group closely associated with Hamas.
  • U.S. Retaliation Against Iran-Tied Targets: In response to attacks on U.S. bases in Iraq and Syria by militant groups since Oct. 7, the U.S. has conducted airstrikes against Iranian-linked weapons depots in Syria.
  • Biden Administration’s Middle East Efforts: President Joe Biden and other officials have visited the Middle East to support Israel and attempt to de-escalate the conflict, but the situation remains volatile.
  • Casualty Figures in Gaza: The Health Ministry in Gaza reports that over 11,000 Palestinians have been killed since the onset of the war, with a significant proportion being women and children.
  • Hamas’ Justification for Attack: Mohammed Deif, leader of Hamas’ military wing, cited the longstanding blockade of Gaza, Israeli operations in the West Bank, settler violence, and settlement expansions as motivations for the Oct. 7 attack.
  • Netanyahu’s Stance: Israeli Prime Minister Benjamin Netanyahu has declared a full-scale military response to destroy Hamas’ capabilities and infrastructure.

The Associated Press has the story:

A 3rd round of US sanctions against Hamas focuses on money transfers from Iran to Gaza

Newslooks- WASHINGTON (AP)

The United States on Tuesday said it imposed a third round of sanctions on a group of Hamas officials, members of the Palestinian Islamic Jihad who work to transfer money from Iran to Gaza, and a Lebanese money exchange service that facilitates the transfers.

The Treasury Department sanctions, coordinated with the United Kingdom, come in response to the surprise Oct. 7 attack by Hamas on Israel that left roughly 1,200 people dead or kidnapped. The sanctions block access to U.S. property and bank accounts and prevent the targeted people and companies from doing business with Americans.

Photographs of Israelis who were kidnapped during Hamas’ unprecedented attack on Israel on Oct. 7 are glued atop a poster of the Israeli flag on a board in Jerusalem on Monday, Nov. 13, 2023. (AP Photo/Bernat Armangue)

This and two previous rounds of sanctions against Hamas and its affiliates are aimed at protecting the international financial system from abuse by Hamas militants and their enablers, the Treasury Department said.

The State Department also is designating a Palestinian Islamic Jihad military leader for diplomatic sanctions.

FILE – United States Secretary of the Treasury Janet Yellen speaks at the Atlantic Council Global Citizen Awards, Sept. 20, 2023, in New York. Yellen wants Latin America to trade more with the United States as part of an initiative that so far has failed to disrupt China’s dominance in global manufacturing. (AP Photo/Julia Nikhinson, File)

Treasury Secretary Janet Yellen said in an emailed statement that “together with our partners we are decisively moving to degrade Hamas’s financial infrastructure, cut them off from outside funding, and block the new funding channels they seek to finance their heinous acts.”

The White House has said it has yet to uncover information that Iran, the principal financial and military sponsor of Hamas, was directly involved in the multipronged Hamas operation against Israel.

However, the U.S. has conducted three strikes over the last two weeks against Iranian-tied weapons depots in Syria to retaliate for the more than 50 rocket and drone attacks that militant groups have launched since Oct. 7 against U.S. bases in Iraq and Syria, which have caused dozens of minor injuries among U.S. personnel.

President Joe Biden meets with Israeli Prime Minister Benjamin Netanyahu, Wednesday, Oct. 18, 2023, in Tel Aviv. (AP Photo/Evan Vucci)

President Joe Biden and other officials in his Democratic administration have traveled to the Middle East to show support for Israel and have tried to tamp down tensions in the escalating war between Israel and Hamas. But those efforts have faced massive setbacks.

Palestinians mourn their relatives killed in the Israeli bombardment of the Gaza Strip, in the hospital in Khan Younis, Tuesday, Nov. 14, 2023. ( AP Photo/Fatima Shbair)

More than 11,000 Palestinians, two-thirds of them women and children, have been killed since the war began, according to the Health Ministry in Gaza, which does not differentiate between civilian and militant deaths.

The shadowy leader of Hamas’ military wing, Mohammed Deif, said the Oct. 7 assault on Israel was in response to the 16-year blockade of Gaza, Israeli raids inside West Bank cities over the past year, increasing attacks by settlers on Palestinians and the growth of settlements, among other reasons.

Adva Rozenblit, center, accompanies the coffin of her son Staff sergeant Gilad Rozenblit , 21, during his funeral in Kibbutz Ginegar, northern Israel, Sunday Nov. 12, 2023. He was killed during a ground operation in the Gaza Strip.(AP Photo/Ariel Schalit)

Israeli Prime Minister Benjamin Netanyahu, who declared Israel to be at war, said its military would use all of its strength to destroy Hamas’ capabilities. “All the places that Hamas hides in, operates from,” he said, “we will turn them into ruins.”

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