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US and UK Impose Third Round of Sanctions on Hamas

Sanctions Target Money Transfers from Iran to Gaza in Response to October Attacks

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Overview

  • The US and UK have imposed a third round of sanctions on Hamas, targeting officials and entities that facilitate money transfers from Iran to Gaza.
  • The sanctions are in response to the October 7 Hamas attacks on Israel that resulted in approximately 1,200 deaths and over 240 hostages.
  • The sanctions aim to protect the international financial system from abuse by Hamas militants and their enablers, blocking access to US property and bank accounts and preventing business with Americans.
  • The US has yet to find evidence that Iran, the main financial and military sponsor of Hamas, was directly involved in the attacks on Israel.
  • Over 11,000 Palestinians, two-thirds of them women and children, have been killed since the war began, according to the Health Ministry in Gaza.