EconomicIran·Unpinned17 Oct 2026
Report details $25 billion in oil losses and $350 million in frozen crypto assets
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US Central Command chief Admiral Brad Cooper reported that a US naval blockade and sanctions caused $25 billion in lost oil revenue for Iran and resulted in the freezing of $350 million in cryptocurrency. According to Cooper, the financial pressure caused the IRGC and Iran-aligned militias, such as Hezbollah and Hamas, to withhold salaries from troops and…
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Times of India
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