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Ongoing Story· Day 2

Iran's Terror Proxies Repay Support Amid Economic Crisis

2 developments

MakoSecurity

Iran's Terror Proxies Repay Support Amid Economic Crisis, U.S. Commander Says

Translated & summarized from Mako by baba

CenterCharged tone

Hebrew · Sole source

Iran's terror proxies, including Hezbollah and Hamas, are sending money back to Iran's Revolutionary Guard due to severe economic pressure, according to U.S. Central Command chief Admiral Brad Cooper. The U.S. blockade has cost Iran $25 billion in oil revenue, and $350 million in crypto assets were frozen. Iran's increased attacks in the Strait of Hormuz are seen as a sign of desperation. Mediators are urging Iran to respond to a U.S. proposal before the U.S. midterm elections.

The story in 5 lines · by baba

  • Iran's terror proxies are sending money back to the Revolutionary Guard due to economic pressure, says U.S. Central Command chief.
  • The U.S. naval blockade has cost Iran $25 billion in oil revenue, with $350 million in crypto assets frozen.
  • Iran's increased attacks in the Strait of Hormuz are attributed to desperation amid financial hardship.
  • Proxy groups like Hezbollah and Hamas are reportedly delaying fighter salaries to send funds to Iran.
  • Mediators urge Iran to respond to a U.S. proposal before the U.S. midterm elections.
Iran's Terror Proxies Repay Support Amid Economic Crisis, U.S. Commander Says
Editorial illustration generated by baba News, not a photograph of the event.

Iran's network of terror proxies, including Hezbollah, Hamas, and Iraqi militias, are now sending money back to Iran's Revolutionary Guard Corps due to severe economic pressure on the regime, according to U.S. Central Command chief Admiral Brad Cooper. This financial strain has led some of these groups to delay salaries for their fighters.

The U.S. has been applying immense economic pressure on Iran through a naval blockade and extensive sanctions, which American officials claim are significantly hindering the regime's functioning and security forces, while also increasing their frustration and aggressive behavior. The Trump administration hopes this pressure will lead Iran to agree to a deal involving nuclear concessions, but this has not yet occurred.

Admiral Cooper stated that Iran has lost an estimated $25 billion in oil revenue due to the U.S. naval blockade. Additionally, U.S. Central Command and the Treasury Department have recently frozen $350 million in Iranian cryptocurrency assets.

Cooper attributed a significant increase in Iranian attacks against ships in the Strait of Hormuz to "desperation" within the Revolutionary Guard. Despite these attacks, the Strait remains open, with 400 ships and 100 million barrels of oil passing through it in the past week. However, U.S. officials are concerned that these attacks could deter shipping companies, reduce oil exports, and cause oil prices to surge.

Meanwhile, the White House and Qatari mediators are awaiting Iran's response to a U.S. counter-proposal for ending the war. Regional mediators have advised Iran not to wait until after the U.S. midterm elections to respond, warning that President Trump might become more aggressive toward Iran afterward.

MakoCentre · Neve Ilan

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