Highlights

  • US imposes 3rd set of curbs on Hamas
  • Curbs aimed to stop Iran fund transfer
  • Bid to stop the abuse of the financial system: US

Latest news

Asus Pad T3201 Review: OLED Brilliance Meets Everyday Mid-Range Power

Asus Pad T3201 Review: OLED Brilliance Meets Everyday Mid-Range Power

Qualcomm Showcases Snapdragon 8 Elite Gen 6 Chips At IMC 2026, Teases New Flagships

Qualcomm Showcases Snapdragon 8 Elite Gen 6 Chips At IMC 2026, Teases New Flagships

Shokz Diwali Sale Brings Discounts On Open-Ear Headphones Across Amazon And Flipkart

Shokz Diwali Sale Brings Discounts On Open-Ear Headphones Across Amazon And Flipkart

iQOO 16 Confirmed For India With Snapdragon 8 Elite Extreme Gen 6 And OriginOS 7

iQOO 16 Confirmed For India With Snapdragon 8 Elite Extreme Gen 6 And OriginOS 7

ASUS Announces Festive Discounts Across Laptops, Gaming PCs And Tablets

ASUS Announces Festive Discounts Across Laptops, Gaming PCs And Tablets

Priyanka Gandhi lies on ground, Rahul detained as Delhi Police stop INDIA bloc MPs' Jantar Mantar march

Priyanka Gandhi lies on ground, Rahul detained as Delhi Police stop INDIA bloc MPs' Jantar Mantar march

Emotion, tears as Messi retires from Argentina national team

Emotion, tears as Messi retires from Argentina national team

Rajpal Yadav tells CJI Surya Kant his legal troubles inspired film title ‘Solah Sawan Jhel Ke’

Rajpal Yadav tells CJI Surya Kant his legal troubles inspired film title ‘Solah Sawan Jhel Ke’

US imposes 3rd round of sanctions on Hamas, targets fund transfers from Iran

Treasury Secretary Janet Yellen said in an emailed statement that “together with our partners we are decisively moving to degrade Hamas's financial infrastructure.

US imposes 3rd round of sanctions on Hamas, targets fund transfers from Iran

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 US property and bank accounts and prevent the targeted people and companies from doing business with Americans.

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.

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 was 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 US 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 US bases in Iraq and Syria, which have caused dozens of minor injuries among US personnel.

President Joe Biden and other officials in his Democratic administration have travelled 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.

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.

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.”

Frequently Asked Questions

The United States imposed a third round of sanctions on Hamas officials, members of the Palestinian Islamic Jihad who transfer money from Iran to Gaza, and a Lebanese money exchange service facilitating these transfers.

ADVERTISEMENT

Up Next

US imposes 3rd round of sanctions on Hamas, targets fund transfers from Iran

US imposes 3rd round of sanctions on Hamas, targets fund transfers from Iran

Israel marks 3rd October 7 anniversary with tributes, Gaza strikes and election battle

Israel marks 3rd October 7 anniversary with tributes, Gaza strikes and election battle

Heavy casualties in Ukraine after Russian strikes

Heavy casualties in Ukraine after Russian strikes

Israel puts military on alert for Oct 7 anniversary, warns Gazans

Israel puts military on alert for Oct 7 anniversary, warns Gazans

US-German trio wins medicine Nobel for work on optogenetics

US-German trio wins medicine Nobel for work on optogenetics

Passenger on rerouted Flydubai flight says pilot tried to crash plane

Passenger on rerouted Flydubai flight says pilot tried to crash plane

ADVERTISEMENT

editorji-whatsApp

More videos

Flydubai Dubai-Tel Aviv Flight Diverted After Pilots Injured In Mid-Air Fight

Flydubai Dubai-Tel Aviv Flight Diverted After Pilots Injured In Mid-Air Fight

Trump offered to sell arms to Xi: US ambassador to Fox News

Trump offered to sell arms to Xi: US ambassador to Fox News

CNN, MS NOW, Politico allowed back in White House after judge's order

CNN, MS NOW, Politico allowed back in White House after judge's order

Trump hosts Xi Jinping for state dinner as pomp masks tensions

Trump hosts Xi Jinping for state dinner as pomp masks tensions

Israel's Netanyahu denounces enemies, allies in fiery UN speech

Israel's Netanyahu denounces enemies, allies in fiery UN speech

US judge blocks White House ban on CNN, MS NOW, Politico

US judge blocks White House ban on CNN, MS NOW, Politico

Israel Says Hamas Finance Chief Muhammad Abu Alwan Killed In Khan Younis Strike

Israel Says Hamas Finance Chief Muhammad Abu Alwan Killed In Khan Younis Strike

Xi Jinping Heads To Washington For Trump Talks As US-China Trade, AI And Taiwan Tensions Loom

Xi Jinping Heads To Washington For Trump Talks As US-China Trade, AI And Taiwan Tensions Loom

PM Modi, Putin Discuss Global Issues, India-Russia Ties At Bishkek Meeting

PM Modi, Putin Discuss Global Issues, India-Russia Ties At Bishkek Meeting

India’s Tunnel Rescue Team Joins Nepal Army In Flood Search Operation

India’s Tunnel Rescue Team Joins Nepal Army In Flood Search Operation

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.