Amid the aggressive ongoing conflict with Israel, the United States on October 27 imposed a second round of sanctions on Hamas-the Palestinian militant group.
The new sanctions have been put on a Hamas official in Iran and members of Iran's Islamic Revolutionary Guard, Reuters report said.
In an official statement, the US Treasury Department said the measures targeted additional assets in a Hamas investment portfolio and people facilitating sanctions evasion by Hamas-affiliated companies.
"Today's action underscores the United States' commitment to dismantling Hamas's funding networks by deploying our counterterrorism sanctions authorities and working with our global partners to deny Hamas the ability to exploit the international financial system,” Deputy Treasury Secretary Wally Adeyemo said in the release.
The Gaza-based entity referred to is a group known for its involvement in facilitating illicit Iranian funds to Hamas and the Palestinian Islamic Jihad (PIJ) group. Iran is known to provide support to various militant groups in the Middle East, including Hamas.