Iran-Backed Militias Diverting Funds to IRGC Amid Economic Strain, CENTCOM Commander Reports
Summarized from The Jerusalem Post by baba
Iran-backed militias are reportedly sending money to Iran's Islamic Revolutionary Guard Corps (IRGC) due to severe economic pressure, according to CENTCOM chief Adm. Brad Cooper. Cooper indicated that some militias are withholding payments to their own fighters to support the IRGC, which is also struggling to pay its troops. The US has frozen $350 million in Iranian cryptocurrency assets, and a naval blockade has cost Iran an estimated $25 billion in lost oil revenue. The US has also paused strikes on Iranian positions near the Strait of Hormuz.
The story in 6 lines · by baba
- Iran-backed militias are funneling money to the IRGC due to severe economic pressure, CENTCOM chief Adm. Brad Cooper said.
- Some militias are reportedly withholding payments to their own fighters to send funds to the IRGC, which is also struggling to pay troops.
- The US naval blockade has cost Iran an estimated $25 billion in lost oil revenue.
- CENTCOM and the US Treasury have frozen $350 million in Iranian cryptocurrency assets.
- Iran has increased attacks on shipping in the Strait of Hormuz, possibly out of desperation, Cooper stated.
- The US has paused strikes on Iranian military positions near the Strait of Hormuz.
The Jerusalem Post publishes in English. The key points are summarized above. Read The Jerusalem Post’s full report from the link at the top of the page.
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