How the Nuclear Deal EnrichesIran’s Revolutionary Guard Corps

Introduction

During the first week of September, Iranian speedboats twice harassed U.S. Navy ships in international waters near the Strait of Hormuz. Those boats belonged to the Islamic Revolutionary Guard Corps (IRGC).
In the same week, news emerged that the IRGC had arrested another dual Iranian-American national during a family visit to the country. The commander of the IRGC’s Quds Force, meanwhile, was in Aleppo, in the company of Iraqi Shiite militias currently engaged in the siege of Syria’s second-largest city. Indeed, only a few days earlier, the IRGC announced the formation of a Shiite liberation army composed of Shiite militias that Iran has been nurturing across Mesopotamia and the Levant. That did not stop France’s mobile phone giant, Orange, from beginning talks with Iran’s largest mobile phone operator, Mobile Telecommunication Company of Iran (MCI), over acquiring a stake in the Iranian company. The IRGC controls MCI through a 50-percent-plus-one stake in its parent company, the Telecommunication Company of Iran (TCI).