Hostages as Leverage: What Is Hamas' Gamble in Gaza?

Fighters from Hamas in Khan Younis on February 20. (Reuters)
Fighters from Hamas in Khan Younis on February 20. (Reuters)
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Hostages as Leverage: What Is Hamas' Gamble in Gaza?

Fighters from Hamas in Khan Younis on February 20. (Reuters)
Fighters from Hamas in Khan Younis on February 20. (Reuters)

Despite heavy setbacks since the start of Israel's war on Gaza in October 2023, Hamas continues to project defiance and resilience against the Jewish state.

In recent days, the group has pursued a political track despite a surprise Israeli strikes on Gaza early on Tuesday that killed hundreds of Palestinians, including several Hamas leaders and fighters.

The group held back from a military response until the third day of the renewed escalation, launching only three rockets toward Tel Aviv.

Analysts say both sides are using military pressure to gain leverage, particularly after Israel expanded its limited ground operations in key areas, including the Netzarim corridor, which separates northern Gaza from its central and southern regions.

Since the war began, Hamas has relied on its main bargaining chip—the Israeli hostages in its custody.

The group surprised Tel Aviv with the number of living captives, a fact revealed during the first phase of a ceasefire that began on January 19 and lasted 42 days before continuing unofficially.

Tensions escalated again after 58 days, culminating in a series of assassinations targeting senior Hamas figures.

Despite the Israeli attacks, Hamas continues to prioritize the political route, holding firm to its key bargaining chip—the Israeli hostages.

The group remains confident that the hostages represent its strongest leverage, especially as it monitors developments within Israeli society, particularly the pressure from families of the captives on Prime Minister Benjamin Netanyahu's government.

This pressure is mounting for the government to pursue a prisoner swap, alongside Israel's clear intent to use military force to recover the hostages. Hamas sees this as a strategic opportunity.

Sources within Hamas told Asharq Al-Awsat that the group has numerous cards to play and believes these could ultimately force Israel to accept a permanent ceasefire. While the Israeli captives are a pivotal factor, they are not the only leverage Hamas holds.

The sources added that the group has military tactics at its disposal, which could be employed on the ground if negotiations fail and reach a deadlock.

Hamas aims to avoid appearing weak both to Israel and the Palestinian public, insisting on the withdrawal of Israeli forces from all parts of Gaza, including the Salah al-Din, or Philadelphi, corridor.

Sources within Hamas stress that the group has no option but to restore Gaza to its pre-October 7, 2023, status to secure breathing space. Once that is achieved, Hamas would be open to transferring power to the Palestinian Authority or to a government formed through national Palestinian consensus.

Hamas is betting on its ability to retain control over Gaza, despite Israeli strikes, allowing it to claim that it has thwarted efforts to topple its rule.

Over 15 months of military conflict, Israel has failed to completely dismantle Hamas's military and governance capabilities.

While the group was forced to operate in a limited capacity due to Israeli efforts to target its leaders at various levels, it regained strength in areas from which Israeli forces withdrew.

Furthermore, Hamas quickly regained momentum after the ceasefire, as evidenced by the resumption of its government ministries, political bodies, and the military wing: the al-Qassam Brigades. This was particularly evident during the handover of Israeli captives.

Hamas appears to rely on its continued support base in Gaza, despite heavy losses, and remains firm in refusing to compromise on certain demands.

Sources within Hamas told Asharq Al-Awsat that it is natural for the group to rely on its loyalist base in Gaza to continue resisting Israel.

This strategy is not new for Palestinian factions, which have faced significant setbacks over decades but have consistently emerged stronger and more resilient after each blow.

Hamas acknowledges that the situation in Gaza may have changed after the war, but likens it to Israel's Operation Defensive Shield in the West Bank in 2002.

While Israel succeeded in dismantling many Palestinian factions' cells at the time, those groups later re-emerged and became active again. This, the sources say, underscores the failure of Israel's military approach, which has never decisively won any battle.

Recently, Hamas has sought to demonstrate its strength in Gaza's streets. Dozens of its fighters took part in military displays, and members of its police and security forces were seen conducting arrests of suspects involved in both criminal and security-related activities.

The group also reactivated new and partially damaged facilities for its security forces.

During the first phase of the ceasefire, which lasted 42 days and extended for an additional 16 days due to efforts to prolong the agreement, Asharq Al-Awsat observed an increase in Gaza residents visiting police stations to file complaints, including some related to criminal cases.

Civilian staff from various ministries also carried out tasks, such as monitoring market prices.

After recent assassinations and the resumption of fighting by Israel, the future actions of Hamas remain uncertain, particularly if the current wave of violence continues.

Hamas leaders from various political, military, and governmental levels have once again gone into hiding, and the group has struggled to control rising market prices, which has significantly impacted ordinary Gazans.

Sources within Hamas told Asharq Al-Awsat that the assassinated leaders—such as Issam al-Daalis, Yasser Harb, and Mohamed al-Jamasi—were crucial in restructuring the group's organizational and governmental operations.

This suggests that Israel has dealt a significant blow to Hamas by targeting key leaders who were tasked with revitalizing the movement and regaining full control over Gaza once the war ends.

Many believe that Hamas's popularity has waned, even among some of its supporters, due to the devastating impact of the war on Palestinians and Israel's threats of further displacement. Additionally, there is increasing public criticism of Hamas' October 7, 2023, attack, with some questioning the disastrous consequences it has had for the Palestinian people.

Despite a decline in both its popularity and legitimacy, some view Hamas's potential willingness to cede power not as a sign of weakness but as an effort to avoid a larger, more prolonged conflict that could decimate the remaining leadership and active members of the group.

Hamas sources maintain that the group's leadership is united in its readiness to relinquish control, but only if there is a national consensus.

This decision, they insist, will not be made in response to Israeli or US pressure to remove the group from the Palestinian political landscape.

The group remains focused on preventing further conflict for Gaza's residents, emphasizing that their primary concern is not just their own survival but the well-being of the population, according to Hamas sources.

Some analysts believe that Hamas will remain a key player in Palestinian politics for many years to come, whether publicly or in the shadows—even if it steps down from governing Gaza after the current war.



The West Bank Football Field Slated for Demolition by Israel

Israeli army bulldozers pass buildings during a military operation in Nur Shams refugee camp, near the West Bank city of Tulkarem, 12 January 2026. (EPA)
Israeli army bulldozers pass buildings during a military operation in Nur Shams refugee camp, near the West Bank city of Tulkarem, 12 January 2026. (EPA)
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The West Bank Football Field Slated for Demolition by Israel

Israeli army bulldozers pass buildings during a military operation in Nur Shams refugee camp, near the West Bank city of Tulkarem, 12 January 2026. (EPA)
Israeli army bulldozers pass buildings during a military operation in Nur Shams refugee camp, near the West Bank city of Tulkarem, 12 January 2026. (EPA)

Israeli authorities have ordered the demolition of a football field in a crowded refugee camp in the occupied West Bank, eliminating one of the few ​spaces where Palestinian children are able to run and play.

"If the field gets demolished, this will destroy our dreams and our future. We cannot play any other place but this field, the camp does not have spaces," said Rital Sarhan, 13, who plays on a girls' soccer team in the Aida refugee camp near Bethlehem.

The Israeli military ‌issued a demolition ‌order for the field on ‌December ⁠31, ​saying ‌it was built illegally in an area that abuts the concrete barrier wall that Israel built in the West Bank.

"Along the security fence, a seizure order and a construction prohibition order are in effect; therefore, the construction in the area was carried out unlawfully," the Israeli military said in a statement.

Mohammad Abu ⁠Srour, an administrator at Aida Youth Center, which manages the field, said the ‌military gave them seven days to demolish ‍the field.

The Israeli military ‍often orders Palestinians to carry out demolitions themselves. If they ‍do not act, the military steps in to destroy the structure in question and then sends the Palestinians a bill for the costs.

According to Abu Srour, Israel's military told residents when delivering ​the demolition order that the football field represented a threat to the separation wall and to Israelis.

"I ⁠do not know how this is possible," he said.

Israeli demolitions have drawn widespread international criticism and coincide with heightened fears among Palestinians of an organized effort by Israel to formally annex the West Bank, the area seized by Israel in the 1967 Middle East war.

Israel accelerated demolitions in Palestinian refugee camps in early 2025, leading to the displacement of 32,000 residents of camps in the central and northern West Bank.

Human Rights Watch has called the demolitions a war crime. ‌Israel has said they are intended to disrupt militant activity.


In 'Big Trouble'? The Factors Determining Iran's Future

In this frame grab from video taken by an individual not employed by The Associated Press and obtained by the AP outside Iran shows people blocking an intersection during a protest in Tehran, Iran, Thursday Jan. 8, 2026. (UGC via AP)
In this frame grab from video taken by an individual not employed by The Associated Press and obtained by the AP outside Iran shows people blocking an intersection during a protest in Tehran, Iran, Thursday Jan. 8, 2026. (UGC via AP)
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In 'Big Trouble'? The Factors Determining Iran's Future

In this frame grab from video taken by an individual not employed by The Associated Press and obtained by the AP outside Iran shows people blocking an intersection during a protest in Tehran, Iran, Thursday Jan. 8, 2026. (UGC via AP)
In this frame grab from video taken by an individual not employed by The Associated Press and obtained by the AP outside Iran shows people blocking an intersection during a protest in Tehran, Iran, Thursday Jan. 8, 2026. (UGC via AP)

Over two weeks of protests mark the most serious challenge in years to Iran's theocratic leadership in their scale and nature but it is too early to predict the immediate demise of the Iranian republic, analysts say.

The demonstrations moved from protesting economic grievances to demanding a wholesale change from the clerical system that has ruled Iran since the 1979 revolution that ousted the shah.

The authorities have unleashed a crackdown that, according to rights groups, has left hundreds dead while the rule of supreme leader Ali Khamenei, now 86, remains intact.

"These protests arguably represent the most serious challenge to Iran in years, both in scale and in their increasingly explicit political demands," Nicole Grajewski, professor at the Sciences Po Centre for International Studies in Paris told AFP.

She said it was unclear if the protests would unseat the leadership, pointing to "the sheer depth and resilience of Iran's repressive apparatus".

The Iranian authorities have called their own counter rallies, with thousands attending on Monday.

Thomas Juneau, professor at the University of Ottawa, said: "At this point, I still don't assess that the fall of the regime is imminent. That said, I am less confident in this assessment than in the past."

These are the key factors seen by analysts as determining whether Iran’s leadership will hold on to power.

- Sustained protests -

A key factor is "simply the size of protests; they are growing, but have not reached the critical mass that would represent a point of no return," said Juneau.

The protest movement began with strikes at the Tehran bazaar on December 28 but erupted into a full-scale challenge with mass rallies in the capital and other cities from Thursday.

The last major protests were the 2022-2023 demonstrations sparked by the death in custody of Mahsa Amini who had been arrested for allegedly violating the dress code for women. In 2009, mass rallies took place after disputed elections.

But a multi-day internet shutdown imposed by Iranian authorities has hampered the ability to determine the magnitude of the current demonstrations, with fewer videos emerging.

Arash Azizi, a lecturer at Yale University, said "the protesters still suffer from not having durable organized networks that can withstand oppression".

He said one option would be to "organize strikes in a strategic sector" but this required leadership that was still lacking.

- Cohesion in the elite -

While the situation on the streets is of paramount importance, analysts say there is little chance of a change without cracks and defections in the security forces and leadership.

So far there has been no sign of this, with all the pillars of Iran from parliament to the president to the Revolutionary Guards (IRGC) lining up behind Khamenei's defiant line expressed in a speech on Friday.

"At present, there are no clear signs of military defections or high-level elite splits within the regime. Historically, those are critical indicators of whether a protest movement can translate into regime collapse," said Sciences Po's Grajewski.

Jason Brodsky, policy director at US-based group United Against Nuclear Iran, said the protests were "historic".

But he added: "It's going to take a few different ingredients for the regime to fall," including "defections in the security services and cracks in the Islamic republic's political elite".

Israeli or US military intervention

US President Donald Trump, who has threatened military retaliation over the crackdown, announced 25 percent tariffs on Monday against Iran's trading partners.

The White House said Trump was prioritizing a diplomatic response, and has not ruled out strikes, after having briefly joined Israel's 12-day war against Iran in June.

That war resulted in the killing of several top Iranian security officials, forced Khamenei to go into hiding and revealed Israel's deep intelligence penetration of Iran.

US strikes would upend the situation, analysts say.

The Iranian foreign ministry said on Monday it has channels of communication open with Washington despite the lack of diplomatic relations.

"A direct US military intervention would fundamentally alter the trajectory of the crisis," said Grajewski.

Juneau added: "The regime is more vulnerable than it has been, domestically and geopolitically, since the worst years of the Iran-Iraq war" that lasted from 1980-1988.

- Organized opposition -

The US-based son of the ousted shah, Reza Pahlavi, has taken a major role in calling for protests and pro-monarchy slogans have been common chants.

But with no real political opposition remaining inside Iran, the diaspora remains critically divided between political factions known for fighting each other as much as the Iranian republic.

"There needs to be a leadership coalition that truly represents a broad swathe of Iranians and not just one political faction," said Azizi.

- Khamenei's health -

Khamenei has now been in power since 1989 when he became supreme leader, a post for life, following the death of revolutionary founder Khomeini.

He survived the war with Israel and appeared in public on Friday to denounce the protests in typically defiant style.

But uncertainty has long reigned over who could succeed him, with options including his shadowy but powerful son Mojtaba or power gravitating to a committee rather than an individual.

Such a scenario between the status quo and a complete change could see "a more or less formal takeover by the Revolutionary Guards", said Juneau.


What to Know about the Protests Shaking Iran as Govt Shuts Down Internet and Phone Networks

Mourners carry coffins during a funeral procession for members of security forces and civilians said to be killed in protests on Sunday, amid evolving anti-government unrest, in Tehran, Iran, in this screengrab from a video released on January 11, 2026.  IRIB/Handout via REUTERS
Mourners carry coffins during a funeral procession for members of security forces and civilians said to be killed in protests on Sunday, amid evolving anti-government unrest, in Tehran, Iran, in this screengrab from a video released on January 11, 2026. IRIB/Handout via REUTERS
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What to Know about the Protests Shaking Iran as Govt Shuts Down Internet and Phone Networks

Mourners carry coffins during a funeral procession for members of security forces and civilians said to be killed in protests on Sunday, amid evolving anti-government unrest, in Tehran, Iran, in this screengrab from a video released on January 11, 2026.  IRIB/Handout via REUTERS
Mourners carry coffins during a funeral procession for members of security forces and civilians said to be killed in protests on Sunday, amid evolving anti-government unrest, in Tehran, Iran, in this screengrab from a video released on January 11, 2026. IRIB/Handout via REUTERS

Nationwide protests in Iran sparked by the country’s ailing economy are putting new pressure on its theocracy as it has shut down the internet and telephone networks.

Tehran is still reeling from a 12-day war launched by Israel in June that saw the United States bomb nuclear sites in Iran. Economic pressure, which has intensified since September when the United Nations reimposed sanctions on the country over its atomic program, has sent Iran's rial currency into a free fall, now trading at over 1.4 million to $1.

Meanwhile, Iran's self-described “Axis of Resistance” — a coalition of countries and militant groups backed by Tehran — has been decimated since the start of the Israel-Hamas war in 2023.

A threat by US President Donald Trump warning Iran that if Tehran “violently kills peaceful protesters” the US “will come to their rescue," has taken on new meaning after American troops captured Venezuela's Nicolás Maduro, a longtime ally of Tehran.

“We're watching it very closely,” Trump has warned. “If they start killing people like they have in the past, I think they're going to get hit very hard by the United States.”

Here's what to know about the protests and the challenges facing Iran's government.

How widespread the protests are

More than 500 protests have taken place across all of Iran’s 31 provinces, the US-based Human Rights Activists News Agency reported early Monday. The death toll had reached at least 544, it said, with more than 10,600 arrests. The group relies on an activist network inside of Iran for its reporting and has been accurate in past unrest.

The Iranian government has not offered overall casualty figures for the demonstrations. The Associated Press has been unable to independently assess the toll, given that internet and international phone calls are now blocked in Iran.

Understanding the scale of the protests has been difficult. Iranian state media has provided little information about the demonstrations. Online videos offer only brief, shaky glimpses of people in the streets or the sound of gunfire. Journalists in general in Iran also face limits on reporting such as requiring permission to travel around the country, as well as the threat of harassment or arrest by authorities. The internet shutdown has further complicated the situation.

But the protests do not appear to be stopping, even after Supreme Leader Ali Khamenei said “rioters must be put in their place.”

Why the demonstrations started

The collapse of the rial has led to a widening economic crisis in Iran. Prices are up on meat, rice and other staples of the Iranian dinner table. The nation has been struggling with an annual inflation rate of some 40%.

In December, Iran introduced a new pricing tier for its nationally subsidized gasoline, raising the price of some of the world’s cheapest gas and further pressuring the population. Tehran may seek steeper price increases in the future, as the government now will review prices every three months.

Meanwhile, food prizes are expected to spike after Iran’s Central Bank in recent days ended a preferential, subsidized dollar-rial exchange rate for all products except medicine and wheat.

The protests began in late December with merchants in Tehran before spreading. While initially focused on economic issues, the demonstrations soon saw protesters chanting anti-government statements as well. Anger has been simmering over the years, particularly after the 2022 death of 22-year-old Mahsa Amini in police custody that triggered nationwide demonstrations.

Some have chanted in support of Iran's exiled Crown Prince Reza Pahlavi, who called for protests Thursday and Friday night.

Iran's alliances are weakened

Iran's “Axis of Resistance," which grew in prominence in the years after the 2003 US-led invasion and subsequent occupation of Iraq, is reeling.

Israel has crushed Hamas in the devastating war in the Gaza Strip. Hezbollah, the Shiite militant group in Lebanon, has seen its top leadership killed by Israel and has been struggling since. A lightning offensive in December 2024 overthrew Iran’s longtime stalwart ally and client in Syria, President Bashar Assad, after years of war there. Yemen's Iranian-backed Houthis also have been pounded by Israeli and US airstrikes.

China meanwhile has remained a major buyer of Iranian crude oil, but hasn't provided overt military support. Neither has Russia, which has relied on Iranian drones in its war on Ukraine.

The West worries about Iran’s nuclear program Iran has insisted for decades that its nuclear program is peaceful. However, its officials have increasingly threatened to pursue a nuclear weapon. Iran had been enriching uranium to near weapons-grade levels before the US attack in June, making it the only country in the world without a nuclear weapons program to do so.

Tehran also increasingly cut back its cooperation with the International Atomic Energy Agency, the UN's nuclear watchdog, as tensions increased over its nuclear program in recent years. The IAEA's director-general has warned Iran could build as many as 10 nuclear bombs, should it decide to weaponize its program.

US intelligence agencies have assessed that Iran has yet to begin a weapons program, but has “undertaken activities that better position it to produce a nuclear device, if it chooses to do so.”

Iran recently said it was no longer enriching uranium at any site in the country, trying to signal to the West that it remains open to potential negotiations over its atomic program to ease sanctions. But there's been no significant talks in the months since the June war.

Why relations between Iran and the US are so tense

Iran decades ago was one of the United States’ top allies in the Mideast under Shah Mohammad Reza Pahlavi, who purchased American military weapons and allowed CIA technicians to run secret listening posts monitoring the neighboring Soviet Union. The CIA fomented a 1953 coup that cemented the shah’s rule.

But in January 1979, the shah fled Iran as mass demonstrations swelled against his rule. Then came the Iranian Revolution led by Khomeini, which created Iran’s theocratic government.

Later that year, university students overran the US Embassy in Tehran, seeking the shah’s extradition and sparking the 444-day hostage crisis that saw diplomatic relations between Iran and the US severed.

During the Iran-Iraq war of the 1980s, the US backed Saddam Hussein. During that conflict, the US launched a one-day assault that crippled Iran at sea as part of the so-called “Tanker War,” and later shot down an Iranian commercial airliner that the US military said it mistook for a warplane.

Iran and the US have seesawed between enmity and grudging diplomacy in the years since. Relations peaked with the 2015 nuclear deal, which saw Iran greatly limit its program in exchange for the lifting of sanctions. But Trump unilaterally withdrew America from the accord in 2018, sparking tensions in the Mideast that intensified after Hamas' Oct. 7, 2023, attack on Israel.