Gaza’s underground economy is exploding thanks to Israel’s strict blockade, with smugglers hauling in everything from iPhones to medicine—and raking in millions. Prices for basics like batteries have skyrocketed—up 10x in some cases. Smuggling rings now pay Israeli soldiers, drivers, and warehouse workers, while Hamas reportedly collects a cut, calling it “taxing” goods. Merchants say this system, born of desperation, has become routine since the war—and funds social services and salaries, with estimates of $100M flowing into Gaza’s coffers. Corruption thrives amid the chaos, as everyone—from middlemen to military personnel—profits off the blockade’s desperation.
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