Data from international energy agencies and trade reports

Iran's Revolutionary Guards Control 50% of Oil Exports, Funding Proxies, According to Western Officials

Dec 18, 2024, 06:45 AM

Iran's Revolutionary Guards have significantly increased their control over the country's oil industry, now managing up to 50% of Iran's oil exports. This control is crucial as the revenue generated from these exports is primarily used to fund various proxy groups across the Middle East. The information comes from Western officials, security sources, and Iranian insiders, highlighting the Guards' tightening grip on a vital sector of the Iranian economy, which is essential for Tehran's financial stability and influence in the region.