Disappointed with the recent performance of Hamas, Iran has massively cut back funding for the terrorist group that rules the Gaza Strip, according to informed Middle Eastern security officials and sources close to Hamas.

The sources told WND the Islamist group is studying the possibility of moving its headquarters from Damascus to another country, possibly Egypt, if that country can guarantee a replacement of some of the funding that has until now come from Iran.

Reached for comment, Hamas’ chief political adviser, Ahmed Yousef, refused to attribute financial hardships to any action by Iran.

“All Palestinians are suffering from a lack of funds,” Yousef told WND.

“And this is related to the Israeli siege against Gaza and the sanctions. All Palestinians are in bad need, suffering from financial problems,” he said.

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