Why It Matters:
The closure has triggered skyrocketing food prices and widespread shortages, pushing many essential goods out of reach.
With purchasing power at an all-time low and unemployment exceeding 90%, according to Palestinian estimates, the economic toll is catastrophic.
The Big Picture:
Last week, Israel shut all entry points into Gaza, barring food and humanitarian aid from entering.
Since October 2023, commercial goods have been blocked entirely.
Israeli regime claims that enough supplies entered during the first phase of the ceasefire to last five months, but the reality on the ground suggests otherwise.
What They'er Saying:
Palestinian officials and humanitarian organizations warn that the ongoing blockade has left Gaza on the brink of famine.
The economic system has collapsed, leaving markets unregulated and trade in disarray.
Key Points:
- The blockade has driven food prices up by more than 100 times.
- The war has completely dismantled Gaza’s economy, making recovery nearly impossible.
Go Deeper:
With the holy month of Ramadan underway, the situation is especially dire, many families have been forced to cut back on their Suhoor and Iftar meals to bare minimums due to soaring prices and aid shortages.
The UN warns that humanitarian organizations will be forced to halt operations if the blockade continues, as they can no longer meet the population’s urgent needs.
The key question remains: Is Israel using the border closure as leverage on Palestinians?
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Hossein Vaez
