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US offers up to 15 million bounty to disrupt Iran IRGC oil and funding networks

US offers up to 15 million bounty to disrupt Iran IRGC oil and funding networks

The US State Department has announced a reward of up to $15 million for intelligence that could help dismantle Iran’s Islamic Revolutionary Guard Corps funding networks. The effort aims to choke off illicit oil operations and financial channels allegedly linked to terrorism and regional instability, seeking actionable information that could shift the broader security landscape.

Summarised by Beize from a story on The Economic Times on 13 May 2026
US sanctions firms tied to Iran oil shipments to China to cut funding for weapons programs

US sanctions firms tied to Iran oil shipments to China to cut funding for weapons programs

The US has announced new sanctions targeting three individuals and nine companies accused of facilitating Iran’s oil shipments to China. The action is designed to disrupt funding flowing to Iran’s Islamic Revolutionary Guard Corps and its weapons programs. Coming after earlier measures, the move also sets the stage for a planned meeting between US and Chinese leaders.

Summarised by Beize from a story on The Economic Times on 12 May 2026

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Iran releases video taunting US as IRGC warns heavy assault on American assets

Iran releases video taunting US as IRGC warns heavy assault on American assets

Iran’s embassy has released a video alleging speed boats chased a US warship in the Persian Gulf, featuring an officer taunting American forces. The IRGC followed with a stern warning of “heavy assault” on US assets if Iranian oil tankers are targeted. The move comes amid fresh US-Iran tensions, including US forces disabling Iranian tankers in the Gulf of Oman.

Summarised by Beize from a story on The Economic Times on 10 May 2026
IRGC issues US warning after Hormuz clashes as missiles supposedly lock onto targets

IRGC issues US warning after Hormuz clashes as missiles supposedly lock onto targets

Iran’s IRGC has warned the United States against striking Iranian oil tankers in the Persian Gulf, saying any aggression would trigger a significant attack on American military ships and bases. The warning follows recent exchanges of fire near the Strait of Hormuz, underscoring rising tensions as both sides trade threats over maritime security and regional shipping lanes.

Summarised by Beize from a story on The Economic Times on 10 May 2026
Iran orders prior permits for ships entering Strait of Hormuz under new sovereign transit system

Iran orders prior permits for ships entering Strait of Hormuz under new sovereign transit system

Iran has rolled out a new maritime traffic system for the Strait of Hormuz, requiring ships to obtain prior authorization before transiting the strategic waterway. Iran says it is a sovereign governance framework, with electronic instructions issued to set passage rules. The IRGC Navy has also warned vessels to follow designated corridor guidance.

Summarised by Beize from a story on The Economic Times on 6 May 2026
14 IRGC Members Killed in Zanjan Ordnance Blast as US Iran Tensions Escalate

14 IRGC Members Killed in Zanjan Ordnance Blast as US Iran Tensions Escalate

At least 14 IRGC members were killed and two injured in Zanjan province when unexploded ordnance detonated during a specialized clearance operation, according to Iranian state reporting. The tragedy lands amid fresh US-Iran tensions, with Tehran accusing the US of a failed “disruption” strategy, while President Trump criticized Iran’s latest deal proposal and its leadership cohesion.

Summarised by Beize from a story on Republic on 4 May 2026

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Iran expands Strait of Hormuz control zone as US peace talks stall over demands

Iran expands Strait of Hormuz control zone as US peace talks stall over demands

Iran’s IRGC has announced a new maritime control zone in the Strait of Hormuz, raising stakes in one of the world’s most critical shipping lanes. At the same time, Iran’s Foreign Ministry says it received a US counter-proposal through Pakistan to halt the conflict, but it is still under review, with Iran citing “excessive demands.” Trump calls talks “very positive” yet rejects Iran’s latest offer as unacceptable.

Summarised by Beize from a story on The Economic Times on 4 May 2026
US vows to suffocate Iran leadership via economic blockade tied to military offensive says Bessent

US vows to suffocate Iran leadership via economic blockade tied to military offensive says Bessent

US Treasury Secretary Scott Bessent said the United States is “suffocating” Iran’s leadership through an “economic blockade” launched in parallel with a military offensive. He said the Treasury is imposing measures on anyone trying to remit money into Iran to support the IRGC, Iran’s elite military force, signaling tighter financial pressure alongside force.

Summarised by Beize from a story on The Economic Times on 3 May 2026
Iran IRGC unveils new rules to tighten control of Strait of Hormuz and Arabian Gulf

Iran IRGC unveils new rules to tighten control of Strait of Hormuz and Arabian Gulf

Iran’s Revolutionary Guard says it is issuing new rules to strengthen its control over the Arabian Gulf and the Strait of Hormuz, a chokepoint for global energy shipping. The announcement also aligns with Supreme Leader Ayatollah Khamenei’s criticism of foreign military presence, calling US bases ineffective and signaling tougher regional posture.

Summarised by Beize from a story on The Economic Times on 2 May 2026
Iran power clan behind Nobitex crypto exchange used to route millions for sanctioned groups

Iran power clan behind Nobitex crypto exchange used to route millions for sanctioned groups

Iran’s biggest crypto exchange, Nobitex, is reportedly controlled by the sons of the influential Kharrazi family—after years of keeping their involvement hidden. Investigations say it handled millions in transactions for sanctioned entities, including IRGC-related bodies and Iran’s central bank, effectively functioning as a bridge to global crypto markets. Nobitex denies any direct state role.

Summarised by Beize from a story on The Economic Times on 1 May 2026

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Iran leadership rift grows as Pezeshkian and Ghalibaf push out foreign minister Araghchi

Iran leadership rift grows as Pezeshkian and Ghalibaf push out foreign minister Araghchi

Tensions inside Iran’s top leadership are reportedly intensifying, with President Masoud Pezeshkian and Parliament Speaker Mohammad Bagher Ghalibaf seeking to remove Foreign Minister Abbas Araghchi. The move reportedly stems from sharp disagreements over ongoing US negotiations, along with allegations that Araghchi’s loyalties align more closely with the IRGC than with civilian leadership.

Summarised by Beize from a story on Republic on 1 May 2026
Ahmad Vahidi rises inside Iran IRGC raising stakes for Trump team and diplomacy

Ahmad Vahidi rises inside Iran IRGC raising stakes for Trump team and diplomacy

Brigadier General Ahmad Vahidi is emerging as a key power broker in Iran’s IRGC as leadership shifts unfold during a U.S.-Israeli war. Known for covert operations and years of international sanctions, he may play a central role in decision-making—potentially undermining U.S. diplomatic outreach and signaling a tougher Iranian stance ahead.

Summarised by Beize from a story on The Economic Times on 30 Apr 2026
Iran war power shift sees IRGC commanders steer decisions as Supreme Leader role fades

Iran war power shift sees IRGC commanders steer decisions as Supreme Leader role fades

Iran’s leadership dynamics have reportedly shifted as top command authority moves toward military commanders and the IRGC, with the Supreme Leader’s direct role appearing diminished. The change is linked to harsher, faster wartime decision-making and helps explain why U.S. talks have dragged, with no single leadership figure coordinating policy across foreign and domestic fronts.

Summarised by Beize from a story on The Economic Times on 28 Apr 2026
US Iran war talks shift to Islamabad as Tehran fights internally for control

US Iran war talks shift to Islamabad as Tehran fights internally for control

As Iranian and US delegations meet Pakistani mediators in Islamabad, a US think tank says Tehran’s leadership is split. IRGC Commander Ahmad Vahidi appears to have gained the upper hand over pragmatist figures like Parliament Speaker Mohammad Bagher Ghalibaf. Analysts warn this internal power struggle could push Iran toward a tougher negotiating posture ahead.

Summarised by Beize from a story on The Economic Times on 26 Apr 2026

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IRGC Strongman Ahmad Vahidi Tightens Control as Iran’s Civil Rule Fades Fast

IRGC Strongman Ahmad Vahidi Tightens Control as Iran’s Civil Rule Fades Fast

Iran’s internal power map is reportedly shifting away from civilian and clerical institutions toward a hardline military-security core. As the US points to a divided regime, signals suggest decision-making is consolidating around IRGC leadership, with Ahmad Vahidi emerging as a key power broker shaping Tehran’s strategy and diplomacy.

Summarised by Beize from a story on Republic on 24 Apr 2026
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