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Regulation

IRGC orchestrates quasi-coup to control Iran’s sanctioned oil trade: report

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Iran International has reported that the Islamic Revolutionary Guard Corps (IRGC) Intelligence Organization orchestrated a quasi-coup to regain control of Iran’s sanctioned oil trade. The report indicates that the IRGC is attempting to revive its network of trustees, who are involved in managing the trade of sanctioned oil. This development is alleged to involve several IRGC officials and suggests a significant internal power struggle within Iran over the management of oil revenue channels. The report highlights a transfer of these channels from the UAE to Russia, which may suggest an effort to solidify the network rather than dismantle it. Observers will be closely monitoring any statements from key Iranian officials, including President Masoud Pezeshkian, for indications of internal political shifts.

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