Iran-backed proxies divert funds to cash-starved IRGC ...Iraq

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Iran-backed armed groups, including Iraqi factions, areredirecting funds to Iran's Islamic Revolutionary Guard Corps (IRGC) as theforce struggles to pay its personnel after nine months of war, US Central Command(CENTCOM) chief Admiral Brad Cooper said.

Cooper also disclosed that CENTCOM and the US TreasuryDepartment had frozen $350 million in Iranian assets held in cryptocurrency inrecent weeks.

— U.S. Central Command (@CENTCOM) October 16, 2026

The financial strain has reportedly prompted pro-Iranianfactions, including Hezbollah, Hamas, and Iraqi groups, to withhold fighters'salaries and redirect the money to the IRGC, which is also struggling to meetits payroll, he added.

On Friday, CENTCOM reported that nearly 400 commercialvessels had crossed the maritime gateway over the previous seven days, while USforces had helped Gulf partners transport more than 100 million barrels of oillast week.

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