Treasury’s new Hamas sanctions target middlemen, shell companies ...Middle East

The United States Treasury Department announced a new round of sanctions targeting Hamas’ fundraising network Friday, the department’s second attempt to block Hamas’ money supply since the Oct. 7 terrorist attacks that killed 1,400 Israelis and saw another 200 Israelis taken hostage. “A key reason for acting now is that we’re seeing, in the wake of this month’s attack, increased fundraising activity,” said Brian Nelson, Treasury Under Secretary for Terrorism and Financial Intelligence, in an interview with CNBC Friday. Nelson was in Saudi Arabia and Qatar this week, appealing for increased cooperation from Gulf countries, some of which maintain channels of communication with Hamas. Speaki

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