Iran denies collapse is close as US claims IRGC running out of money
Summary
Iranian officials say they can still support their regional allies despite financial problems caused by US sanctions and ongoing conflicts. The US military and government report that Iranian money problems have hurt the Revolutionary Guard and groups supported by Iran, making it harder for them to pay their fighters.Key Facts
- US forces claim they stopped at least $25 billion in Iranian oil sales and froze about $350 million in cryptocurrency linked to Iran.
- These actions have caused money problems for Iran’s Revolutionary Guard Corps (IRGC) and allied militia groups.
- Some Iran-aligned militia groups are delaying paying their soldiers to send money back to the IRGC.
- The US sees this financial pressure as a win in its conflict with Iran.
- Hezbollah in Lebanon and the Houthis in Yemen have faced money troubles but still get fuel and some funds from Iran.
- Iran’s IRGC Quds Force provides weapons, money, and training to allied groups in the region.
- Iraqi militias connected to Iran receive government funding and possibly send money back to help Iran, Hezbollah, and the Houthis.
- The US Treasury has accused Kataib Hezbollah, an Iranian-backed group in Iraq, of using Iraqi resources to support Iran.
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