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Blinken pressed Netanyahu to release frozen Palestinian funds
Secretary of State Antony Blinken pressed Israeli Prime Minister Benjamin Netanyahu to release Palestinian tax revenues Israel's ultranationalist minister of finance Bezalel Smotrich froze in early May, three U.S. and Israeli officials told Axios.
Why it matters: The Biden administration is extremely concerned the Palestinian Authority could collapse if the tax revenues are not transferred soon, U.S. officials say.
An economic crash could in turn lead to an escalation in the West Bank in...