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Iran's Economic Squeeze on IRGC and Proxies · Israel Today: Ongoing War Report

• 0:08
  Speaker 1: You're listening to Israel Today Ongoing War Report. I'm Noah Levi.
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  Speaker 1: CENTCOM Chief Admiral Brad Cooper has stated that Iran-backed militias,
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  Speaker 1: including Hezbollah, Hamas and groups in Iraq, are withholding payments
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  Speaker 1: from their own fighters to funnel money back to Iran's
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  Speaker 1: Islamic Revolutionary Guard Corps, or IRGC. This comes as Tehran
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  Speaker 1: faces severe economic pressure. According to reporting from Axios, The
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  Speaker 1: US naval blockade has cost Iran an estimated $ 25 billion
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  Speaker 1: in lost oil revenue, and recent weeks have seen $ 350
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  Speaker 1: million in Iranian cryptocurrency assets frozen by the US Treasury.
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  Speaker 1: Cooper indicated that this financial strain has led to increased
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  Speaker 1: Iranian attacks on shipping in the Strait of Hormuz, which
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  Speaker 1: he described as a sign of desperation within the IRGC.
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  Speaker 1: He noted, however, that the waterway remains open, with hundreds
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  Speaker 1: of ships and millions of barrels of oil transiting it weekly.
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  Speaker 1: In diplomatic news, Britain's decision to ban imports from West
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  Speaker 1: Bank settlements has led to changes regarding its diplomatic presence
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  Speaker 1: in Jerusalem. Following Israel's instruction a month ago, the British
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  Speaker 1: consulate in Jerusalem will no longer operate as such. However,
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  Speaker 1: the building will be known as the UK Mission, Jerusalem,
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  Speaker 1: and will continue its work with the Palestinian people. This
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  Speaker 1: move underscores the principle that settlements are not internationally recognised
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  Speaker 1: as part of Israel. a position Israel is aware of
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  Speaker 1: and generally acts in accordance with, with exceptions like East
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  Speaker 1: Jerusalem and the Golan Heights. US lawmakers have reacted strongly
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  Speaker 1: to recent incidents of Israeli settler violence in the West Bank,
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  Speaker 1: particularly after Washington Post photojournalist Heidi Levine was wounded during
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  Speaker 1: clashes near Abu Fala. While Israeli condemnations focused on the
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  Speaker 1: need for investigation, US and Palestinian condemnations accused Israeli settlers
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  Speaker 1: of attacking Levine. Democratic Representatives Jamie Raskin and Andy Kim
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  Speaker 1: called for investigations and accountability. Representative Ro Khanna urged the
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  Speaker 1: US to cut off aid to Israel that funds settler
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  Speaker 1: activity and to halt weapons sales. Senator Tammy Duckworth called
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  Speaker 1: on Israeli authorities to hold those responsible accountable and to
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  Speaker 1: stop efforts to annex the West Bank. The IDF confirmed
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  Speaker 1: a confrontation took place, stated that its forces disperse the
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  Speaker 1: violence and that the circumstances are under investigation. In Gaza,
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  Speaker 1: three drone attacks occurred in the tougher neighbourhood of Gaza
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  Speaker 1: City since this morning, resulting in four fatalities. The targeted
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  Speaker 1: areas included the vicinity of Al Fard School and the
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  Speaker 1: Al Mashara area. Additionally, two people were lightly injured in
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  Speaker 1: a clash between Israelis and Palestinians near the West Bank
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  Speaker 1: town of Kejimim on Saturday. The IDF confirmed the incident
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  Speaker 1: and is investigating, noting it follows similar clashes from the
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  Speaker 1: previous day and occurs during the sensitive olive harvest season.
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  Speaker 1: On the antisemitism front, thousands of students protested across Italy
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  Speaker 1: against Prime Minister Giorgia Meloni's policies. Demonstrators in Rome reportedly
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  Speaker 1: burned Israeli and US flags and called for a boycott
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  Speaker 1: of Israel. Separately, one source claims that children in Amal
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  Speaker 1: in Ramallah were shown an animated movie that reportedly glorifies
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  Speaker 1: the October 7 massacre, with the assertion that this is
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  Speaker 1: how the next generation is being educated in hate. Finally,
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  Speaker 1: in regional news, Egyptian President Abdel Fattah el-Sisi has stated
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  Speaker 1: that Egypt will carry out any measure to defend the
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  Speaker 1: Kingdom of Saudi Arabia and has called on Parliament to
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  Speaker 1: hold an emergency session to grant the mandate for such action.
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  Speaker 1: President el-Sisi also announced that his current presidential term will
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  Speaker 1: conclude in 2030. For continuing coverage of antisemitism around the world,
• 3:51
  Speaker 1: listen to Antisemitism, Watch from Clockwork Media. Find it at clockworkmedia.org
• 3:56
  Speaker 1: slash watch. I'm Noah Levi, thank you for listening to
• 3:59
  Speaker 1: Israel Today ongoing war report. Stay safe and informed. Follow
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