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Iran broke? $25 billion oil loss, $350 million crypto frozen as militias send money back to IRGC, says US

Iran broke? $25 billion oil loss, $350 million crypto frozen as militias send money back to IRGC, says US

Iran broke? $25 billion oil loss, $350 million crypto frozen as militias send money back to IRGC, says US
Iran faces mounting financial pressure as US officials report $25 billion in lost oil revenue, $350 million in crypto frozen and militias sending funds back to the IRGC

Iran is facing mounting financial pressure after nine months of war, with a US naval blockade costing it $25 billion in lost oil revenue and $350 million in cryptocurrency frozen, according to US Central Command (CENTCOM) chief Adm Brad Cooper.In a video message released on Friday, Cooper said Iran-backed groups across the region, including Hezbollah, Hamas and Shia militias in Iraq, were sending money back to Iran’s Islamic Revolutionary Guard Corps (IRGC), which has funded them for years.“The financial strain on Iran’s military has become so significant that there are…

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