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The Independent UK
The Independent UK
National
Fatima Hussein

U.S. targets Iraqi airline, its CEO and Hamas cryptocurrency financiers for sanctions

The U.S. on Monday hit Iraqi airline Fly Baghdad and its CEO with sanctions, alleging assistance to Iran's military wing — and in addition, imposed a fifth round of sanctions on the militant group Hamas for abuse of cryptocurrency since the October 7 terrorist attack on Israel.

The sanctions come as Israel's bombing campaign on the Gaza Strip continues — killing 25,000 Palestinians so far, according to the Gaza Strip Healthy Ministry— and Iranian-backed militias in Iraq launch regular strikes against bases housing U.S. forces in Iraq and Syria.

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