As Hugh Naylor reports for the National, Hamas — despite its recent political gains — is in a severely weakened position at the moment, and it has a lot to do with actions by neighboring Egypt and, more indirectly, Iran.

In contrast to former President Mohammed Morsi, a staunch backer of Hamas, Egypt's new military government dealt a crippling blow to the organization by demolishing hundreds of the smuggling tunnels used to bring goods into Gaza, which has been under Israeli blockade since 2006. Hamas taxed the goods brought through the tunnels, and used the tunnels to bring in weapons.

Egypt has also reportedly arrested or killed dozens of Hamas activists whom it accuses of working in tandem with the Muslim Brotherhood to destabilize the state.

Hamas also lost a source of funding from the Iranian government after it ditched its longtime ally Bashar Assad and decided to back the Syrian rebels in 2012, though relations have apparently improved somewhat since then. It's also likely that some of Hamas' foreign financial backers may have redirected their efforts to the conflict in Syria.

The movement has been in dire economic straights and has at times been unable to pay public workers in Gaza.

So how has Egypt reacted to the latest news? There are reports that Cairo is working to mediate a ceasefire, but one Hamas official told Al-Monitor that "Egypt has distanced itself this time."

Israel would almost certainly have launched some measure of military retaliation for the horrific murder of three Israeli teens. But it seems possible that it might not have launched the all-out assault it seems to be conducting if a military coup in Egypt and a civil war in Syria hadn't transpired in such a way that it left the organization in a much weaker position.

Oddly, while the Israeli-Palestinian conflict has never looked more grim, it's actually not a terrible time for Israel's relationship with its neighbors. Israel and Egypt are working on a major natural gas deal. Thanks largely to the chaos in Syria, Israel's levels of trade with both Jordan and Turkey are increasing. (Israel is also reportedly quietly increasing its support to some anti-Assad rebel groups, oddly finding itself on the same side as Hamas there.)

And so, Israel is getting a direct assist from Egypt and an inadvertent one from Iran to decimate Hamas. Meanwhile, the U.S. is tacitly working with Iran in Iraq while Bahrain, one of Washington's staunchest allies in the region, is expelling our diplomats. The region's broader political picture is shaking out in some very unpredictable ways.