Politics
Iran-backed militias sending money back to cash-starved IRGC, U.S. says
Axios·October 16, 2026·1 min read
Iran-backed militias are sending money back to the Islamic Revolutionary Guard Corps to ease economic pressure after nine months of war, U.S. CENTCOM Commander Adm. Brad Cooper said Friday. The naval blockade has cost Iran $25 billion in lost oil revenue, and CENTCOM and Treasury froze $350 million in Iranian cryptocurrency.
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