Reuters reports,

Iran pledged on Wednesday to provide financial assistance to the cash-strapped Palestinian Authority following threats by Western nations to halt aid to a Hamas-controlled government.
“We will definitely provide financial aid to this government so that they can stand up against the oppression of America,” Ali Larijani, secretary of Iran’s Supreme National Security Council, was quoted as saying by the semi-official ISNA students news agency.

Seems the whole “renounce terror for money” plan backfired, huh? Faced with the option of funding a Hamas-led PA and retaining influence over Palestinian affairs, or empowering Iran’s hand in the region, the US has chosen the latter. Swift thinking…