Iran navy flotilla returns after 100-day mission - state media


An Iranian navy flotilla returned to territorial waters after a 100-day mission that covered about 13,000 nautical miles, state media reported.
Flotilla 103, made up of the Makran forward base ship and the Bayandor-class corvette IRIS Naghdi of the regular navy, as well as the Shahid Mahdavi warship of the Revolutionary Guards navy, docked in the southeastern port area of Konarak, the report said.
The flotilla began its mission in early December to take part in the international “Exercise for Peace” drill in South Africa, according to state media.
Flotilla commander Captain Emad nejad Moridi said nine countries took part in the drill and that despite what he described as efforts to prevent Iran’s participation, the group maintained an “effective and strong presence” through active naval diplomacy.
He said the main goal was to raise Iran’s flag in international waters and deliver a message of peace and friendship.
Moridi added that Iran’s navy personnel would defend the country’s maritime interests and borders “to the last drop of blood.”







Two UK-registered cryptocurrency exchanges allegedly processed billions of dollars for Iran’s Revolutionary Guards using a fabricated chief executive built from stock footage, according to an investigation by the Organized Crime and Corruption Reporting Project (OCCRP).
The report said the companies, Zedcex and Zedxion, listed a supposed director and person with significant control named “Elizabeth Newman,” but investigators found no passport records, migration history or other evidence that such a person exists.
Promotional materials for the exchanges used stock video footage labeled “Pretty black woman talking to camera” from Shutterstock to portray the fictitious executive, while other “team members” also appeared to be generic stock clips.
The companies were able to register in Britain because, until recently, Companies House required no identity verification for corporate filings.
OCCRP’s investigation also linked the exchanges to Iranian tycoon Babak Morteza Zanjani, who was sentenced to death in 2016 for embezzling oil revenues but whose sentence was commuted in 2024.
Zanjani briefly appeared as a director of Zedxion, the report said, and his name remains embedded in the metadata of the exchange’s white paper. A YouTube video also shows him promoting Zedcex.
Despite filing as dormant companies in Britain, the two exchanges processed roughly $94 billion in transactions, OCCRP reported.
Investigators traced more than $1 billion in cryptocurrency flows connected to entities linked to Iran’s Revolutionary Guard, according to the report and blockchain analysis firm TRM Labs.
That included more than $10 million sent to a Yemeni financier accused of supporting Houthi attacks on shipping in the Red Sea, the report said.
A key link between the network and Zanjani emerged through social media posts by his partner, Solmaz Bani—also known as Niyoosha or Sara Bani—a former model whom investigators say registered newsletter domains connected to the exchanges and appeared in login data tied to their operations.
According to the investigation, images shared by Zedxion’s Telegram channel in May 2024 showed a white cat with grey-brown markings and a distinctive purple bell collar.
A nearly identical cat, wearing the same collar, appeared in photographs posted on Bani’s now-deleted Facebook account in February 2025.
Investigators also said distinctive furniture seen in Zanjani’s social media posts matched items appearing in photographs linked to the exchange network.
The report said the scheme may have helped finance activities linked to the Revolutionary Guard, including repression during protests in Iran in January 2026 triggered by inflation and currency collapse.
The US Treasury sanctioned Zanjani on January 30, 2026. Britain has also sanctioned him, though the exchanges themselves have not been targeted.
New identity-verification requirements for Companies House filings are due to take effect in May 2026.
Zanjani dismissed the US accusations on social media platform X, calling them “merely a pretext for seizing 660 million Tether and extortion.”
The exchanges and Bani did not respond to requests for comment, according to the investigation.
A senior Iranian cleric said on Friday that Iran will never accept a suspension of uranium enrichment, as indirect talks with the United States continue.
Ahmad Khatami, Tehran’s Friday prayer leader, referred to US President Donald Trump as the “contemporary Pharaoh” and said he seeks to impose his views by force, according to state media.
“But the Iranian nation will not bow to force. The Islamic Republic has never accepted suspension of enrichment and will not accept it. Raising the issue of suspending enrichment is impossible,” Khatami said.
He added that in the event of a conflict, “the result will be in favor of the side of truth,” and said Iranians would prefer “death with dignity” over “life with humiliation.”
China has advised its citizens to avoid traveling to Iran and urged those already there to leave as soon as possible, state news agency Xinhua reported on Friday.
The advisory comes amid rising regional tensions and security risks.
China’s foreign ministry and embassy in Iran have called on Chinese nationals to strengthen safety precautions and depart while commercial routes remain available, according to the report.
President Donald Trump’s recent remarks on Iran, including his State of the Union address and frustration with ongoing nuclear talks, signal a shift beyond diplomacy to national security and human rights concerns, analysts told Eye for Iran.
A panel of security and policy analysts said the tone and structure of the administration’s messaging suggest Washington is increasingly reframing the Iran challenge around multiple justifications simultaneously, including ballistic missile threats, regional destabilization and mass killings inside Iran.
Janatan Sayeh, a research analyst focusing on Iranian affairs at the Foundation for Defense of Democracies (FDD), said the speech reflected three distinct pillars that historically have shaped US decisions to escalate foreign policy crises.
“If you look at all these three pillars,” he said, referring to nuclear ambitions, ballistic missiles and human rights violations, “they have been historically used to explain why the United States would get involved in a foreign conflict.”
According to Sayeh, the evolving rhetoric reflects growing pessimism in Washington about the prospects for diplomacy.
From nuclear file to broader threats
For years, US policy discussions surrounding Iran largely centered on the nuclear program. But Trump’s recent remarks placed greater emphasis on Tehran’s missile capabilities, warning they could eventually threaten the US homeland as well as American bases overseas.
“They’ve already developed missiles that can threaten Europe and our bases overseas, and they’re working to build missiles that will soon reach the United States of America," said Trump during his State of Union address this week.
Shayan Samii, a former US government appointee, said the messaging appeared designed to build a political and public framework for possible escalation.
“President Trump tried to create basically a framework for what a military intervention would be and why there is a need for a military intervention,” Samii told Eye for Iran.
He added that referencing the reported killing of tens of thousands of protesters carried particular significance.
“When he validates the number 32,000, that basically is telling the world that a massacre has occurred and we need to have a collective response for it,” Sami said.
The framing, he argued, was aimed not only at Trump’s political base but also at building broader bipartisan support in Washington.
Tehran’s defiant posture
Despite increasingly forceful rhetoric from Washington, analysts said Tehran appears to be continuing escalation while dismissing the significance of US warnings.
Middle East historian and political analyst Shahram Kholdi said Islamic Republic leaders are behaving as though the shift in tone does not signal imminent action.
“They are reacting as if they have not heard anything that President Trump has said,” Kholdi said.
He described Iran’s posture as a pattern of “passive-aggressive… escalatory behavior,” arguing that the regime is rebuilding military capabilities damaged in earlier confrontations during the 12-day war in June.
“They are rebuilding everything… the ballistic missile program, air defense systems,” he said, adding that Tehran appears to view Washington as “all rhetoric and no action.”
Diplomacy meets deterrence
The day after the latest round of talks concluded Thursday, Trump signaled growing frustration with negotiations.
“I’m not happy with the fact that they’re not willing to give us what we have to have… We’ll see what happens,” Trump told reporters Friday. “No, I’m not happy with the way they’re going.”
The remarks come amid a substantial US military deployment already positioned in and around the Middle East, including carrier strike groups, advanced fighter aircraft and additional naval assets — a buildup analysts say increases pressure while diplomacy continues.
Sayeh argued that extended negotiations may serve a strategic purpose by demonstrating that diplomatic avenues have been exhausted.
“As the talks drag out… it signals to the world that the West has exhausted all diplomatic options,” he said.
The combination of military buildup, shifting rhetoric and bipartisan concern marks a notable turning point in how Iran is being discussed in Washington.
Historian and political analyst Shahram Kholdi described the US military buildup as “a world war scale force,” comparing it to the kind of power Washington brought to bear during World War II’s Operation Torch.
As negotiations continue alongside escalating military signaling, the central question remains unresolved: whether the current posture is intended to force concessions from Tehran or to prepare the ground for a more decisive action.
Prince Reza Pahlavi on Friday praised the “brave presence” of people in Nurabad Mamasani in rejecting Iran’s ruling system and raising the pre-revolutionary Lion and Sun flag.
Residents gathered in large numbers in the town on Thursday to mark the 40th day since those killed in the January protests.
In a post on X, Pahlavi said their actions, despite the “great massacre,” showed firm resolve and marked a path toward victory for the Iranian nation.
He addressed Iran’s people, saying they had historically acted as guardians of the country and had used their “arms and honor” to defend the homeland and its territorial integrity.
“Together and united, we will take Iran back and rebuild it freer and more prosperous than before,” he wrote, ending his message with “Long live Iran.”