From Fortune · Jason Ma · · 1m 40s
Iran's economy crumbles as U.S. blockade starves military
A naval blockade has cost Iran at least twenty five billion dollars in oil exports, leaving troops unpaid as domestic unrest spreads.
In brief
A naval blockade has cost Iran at least twenty five billion dollars in oil exports, leaving troops unpaid as domestic unrest spreads. U.S. economic sanctions have crippled Iran's finances so severely that the regime cannot pay its military or security forces, while separatist insurgencies intensify in southeastern…
Blockade cuts Iran's oil revenue
U.S.Central Command chief Adm.Brad Cooper said the naval blockade has prevented Iran from exporting at least twenty five billion dollars worth of crude oil.The U.S.
“The naval blockade has prevented Iran from exporting at least $25 billion worth of crude oil.”
Military can't pay troops or pensions
The financial strain has forced Iran's regime to withhold salaries, pensions and benefits to workers in energy, manufacturing, construction and security sectors, including the Islamic Revolutionary Guard Corps.
“The financial strain on Iran's military has become so significant that there are reports of Iran-aligned militia groups across the region withholding payments to their soldiers in order to funnel money back to the IRGC.”
Supreme Leader acknowledges crisis

Iran's economic collapse is so severe that Supreme Leader Mojtaba Khamenei has expressed concern. Mohsen Rezaei, Iran's top security official, admitted this is one of the most difficult periods the country has ever faced.
Currency collapses as oil sales end
Iran's currency is in free fall as oil revenue dries up.Payments for final oil deliveries, which primarily end up in China, could stretch to December.
Inflation near ninety percent, workers quit
Inflation is now near ninety percent and accelerating each month.Retired government employees staged protests over unpaid pensions.Workers in public and private sectors have announced on social media they are quitting due to insufficient pay.
Separatist attacks surge in southeast

Separatist militants in Sistan and Baluchestan have stepped up attacks against the regime.State media reported at least eight members of Iran's security forces killed there in the past three weeks, including a senior IRGC commander.
“As the Iranian regime weakens, the number of such local movements will likely multiply in number and consolidate in power.”
What it means
U.S. economic sanctions have crippled Iran's finances so severely that the regime cannot pay its military or security forces, while separatist insurgencies intensify in southeastern provinces.




