Jawad Abu Shmala, the finance minister for Hamas, and Zakaria Abu Maamar, a member of Hamas' political bureau, are the two prominent figures who lost their lives in the strikes.
Recent revelations have shown that the U.S. federal government has earmarked more than $4.1 billion for grants in support of LGBT and transgender projects worldwide.
In a significant escalation, Israel has declared a "complete siege" on the Gaza Strip, following a series of deadly attacks by Hamas across the nation over the weekend.
Brent crude soared to $87.92 a barrel, marking an increase of almost 4%, whereas U.S. West Texas Intermediate crude experienced a rise of 4.16%, reaching $86.23 a barrel.