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Gaza’s Underground Economy Thrives | Tulsa News
Gaza’s underground economy is exploding as restrictions on imports fuel a booming black market, with everyday goods like medicine, iPhones, and car batteries being smuggled in at sky-high prices—sometimes costing thousands. Israeli forces label items “dual use,” blocking access to essentials while enabling a lucrative trade where soldiers, middlemen, and even Hamas officials allegedly take cuts. Prices have soared: cigarettes now sell for $140 a pack, car batteries for over $2,000. Smugglers say it’s become routine survival, while Hamas reportedly collects up to $100 million in “taxes” from…
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