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EXCLUSIVE

Leaked documents link Chinese firms to IRGC missile fuel network

Mojtaba Pourmohsen
Mojtaba Pourmohsen

Iran International

May 31, 2026, 23:01 GMT+1

Iran International has obtained documents indicating that a Chinese company, working with firms in Turkey and the United Arab Emirates, helped Iran’s Islamic Revolutionary Guard Corps (IRGC) acquire chemicals used in the production of ballistic missiles.

The documents, obtained by the hacker group Prana and shared with Iran International, suggest Chinese entities also played a role in facilitating the transactions through a network of companies designed to navigate US sanctions.

The documents also link the deadly explosion at Shahid Rajaee Port in Bandar Abbas on April 26, 2025, to a shipment of sodium perchlorate, a chemical used in solid missile fuel production.

According to the documents, the blast and existing sanctions made it increasingly difficult to find vessels willing to transport such cargo to Iran.

Central to the network described in the documents is Haokun Energy, a company that for years acted as an intermediary in the sale of IRGC oil to Chinese refineries and was sanctioned by the United States four years ago for financing the IRGC's Quds Force.

A source familiar with the matter told Iran International that the company still owes the IRGC more than $1 billion in oil revenues.

In one document, Haokun refers to an agreement with a company called Golden Globe Demir Celik (GDCP) concerning the supply of chemical products for special equipment. The document states that, to preserve confidentiality, export-related permits were issued through classified channels.

In another section, Haokun says it established a company called Mosta to obtain bank guarantees. The company is reportedly controlled by GDCP because, for sanctions-related reasons, no Iranian national can serve on its board of directors.

Haokun says that, in coordination with Chinese customs authorities, activities were conducted through confidential channels and requested that its Iranian counterpart prevent any disclosure of information.

Elsewhere, Haokun says it planned to ship 2,000 tons of sodium chlorate and 10,000 tons of sodium perchlorate to Iran through GDCP. The documents indicate that quantity would be sufficient to produce solid fuel for roughly 2,500 ballistic missiles. The shipment was valued at $43 million.

GDCP is registered in Turkey, but leaked emails from the company were signed by an Iranian national, Mohammadreza Sadr. In its correspondence, Haokun identifies GDCP as belonging to the Islamic Republic. One of the leaked emails included a Haokun letter addressed to “Commander Mohammadzadeh.”

The individual appears to be Ahmad Mohammadzadeh, the former deputy coordinator of the IRGC Navy and a former governor of Bushehr under President Mahmoud Ahmadinejad.

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Iran International previously reported that he was among the key figures in the Pourjafari Headquarters, an IRGC oil-sales network that used a complex structure to import gold in exchange for oil exports.

The documents also link GDCP to other figures associated with the IRGC’s commercial and procurement networks. According to the documents, the company is responsible for procuring raw materials used in ballistic missile fuel and for selling oil on behalf of the IRGC.

One document shows GDCP preparing to sell two million barrels of oil from Kharg Island to Fortune Company in the United Arab Emirates. Another records a transfer of roughly $3 million in cryptocurrency to GDCP, while a separate document indicates the funds were deposited into an account at the Borj-e Aseman branch of Tourism Bank in Tehran.

According to the documents, a significant portion of oil-sale revenues is being used to purchase sodium perchlorate from China. Haokun, which brokers the transactions, is attempting to repay hundreds of millions of dollars owed to the IRGC through the sale of weapons, missile-fuel materials and other goods.

A year ago, the Iranian Labour News Agency (ILNA) reported that, as part of an oil-for-goods barter arrangement, Haokun sold two Airbus A330 passenger aircraft to the Islamic Republic for $116 million, despite their market value being estimated at roughly $60 million.

Reports of sodium perchlorate shipments from China to Iran have surfaced repeatedly over the past year.

On March 7, The Washington Post reported that two sanctioned vessels linked to the Islamic Republic had departed China's Gelaowan Port bound for Iranian waters carrying sodium perchlorate, a key component in solid missile fuel. On April 3, The Telegraph reported that five ships carrying sodium perchlorate had arrived at Iranian ports.

Neither Beijing nor Tehran has publicly confirmed such shipments. The documents reviewed by Iran International provide what appears to be the clearest documentary evidence to date linking Chinese entities to efforts to supply the IRGC with materials used in ballistic missile fuel production.

On May 12, Israeli Prime Minister Benjamin Netanyahu accused China of assisting the IRGC in acquiring components used in ballistic missiles. China rejected the allegation.

A week later, US President Donald Trump said that China's president had assured him that no weapons would be supplied to Iran.

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Iran’s president offers resignation, citing total takeover by IRGC commanders

May 31, 2026, 18:24 GMT+1
Iran’s president offers resignation, citing total takeover by IRGC commanders
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Iranian President Masoud Pezeshkian

Iranian President Masoud Pezeshkian has submitted an official letter of resignation to the Office of the Supreme Leader, a source familiar with the matter told Iran International.

In the letter sent on Sunday, Pezeshkian stressed that the president and the government have effectively been excluded from major and vital decision-making processes in the country, and that the vacuum created by this situation has enabled hardline factions within the IRGC to take control of affairs, the source said.

Pezeshkian added that under such circumstances he is unable to run the government and carry out his legal responsibilities, and for that reason has requested to step down immediately.

It is not yet clear whether Mojtaba Khamenei will accept the president's resignation, but the contents of the letter point to a deep and unprecedented rift at the highest levels of power.

This comes after months of tensions between the government and the Islamic Republic’s military-security institutions. Iran International previously reported that the IRGC had gradually restricted many presidential powers and effectively taken control of key parts of the government.

According to informed sources, the situation has left Pezeshkian’s administration trapped in a political and executive deadlock, preventing diplomatic negotiations from moving forward and the completion and implementation of desired changes to the cabinet structure.

Was the Iran war leverage or a lifeline for Tehran?

May 30, 2026, 09:42 GMT+1
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Negar Mojtahedi
Was the Iran war leverage or a lifeline for Tehran?
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An Iranian woman walks next to an anti-Israeli mural on a street in Tehran, Iran, May 30, 2026.

The Iran war left the Islamic Republic weaker than it had been in years. The question now is whether Washington will turn that weakness into leverage – or give Tehran room to recover through a new deal.

That debate is becoming increasingly urgent as Washington and Tehran move closer to a potential agreement that could extend the current ceasefire and launch a new phase of negotiations over Iran’s nuclear program.

President Donald Trump has suggested a deal may be within reach, while officials on both sides have signaled progress despite major unresolved disputes.

For supporters of the military campaign, the logic is straightforward: Iran entered the talks weaker than it has been in years. For critics, the concern is that diplomacy could give Tehran breathing room just as years of economic pressure, domestic unrest and military setbacks had left it vulnerable.

Speaking to Eye for Iran, former US Treasury official Miad Maleki and national security expert Thomas Juneau offered different answers to the same question: what exactly did the war achieve?

A Regime under pressure

While the two experts differ on what should happen next, both agree that the Islamic Republic emerged from the conflict significantly weakened.

"They've never been so weak. They've never been so vulnerable that they are today, militarily, politically, economically," Maleki said.

The Islamic Republic, he argued, faces mounting economic pressure at home while struggling to maintain the image of strength it has projected for decades. Tehran’s military infrastructure has suffered significant damage, senior figures have been killed, and the economy was already under strain before the conflict began.

Juneau reached a similar conclusion, though from a different angle.

"The regime was clobbered," he said.

Beyond the military and economic damage, Juneau argued that one of Tehran’s core strategic assumptions collapsed during the conflict.

For decades, Iran invested heavily in Hezbollah, Hamas and other regional allies as part of what officials often described as a forward defense strategy. The idea was that any direct attack on Iran would trigger retaliation across the region, deterring adversaries from striking the country itself.

"That failed," Juneau said.

Maleki argues that the regime's losses go beyond military hardware.

The conflict exposed weaknesses in Iran’s air defenses, damaged key infrastructure and further strained a system already struggling with economic collapse, inflation and public discontent. In his view, Tehran entered negotiations not from a position of strength, but because it had few alternatives.

Victory, leverage or lifeline?

Where the two experts diverge is over what happens next.

For Maleki, the central question is why negotiations are taking place now, at a moment when many observers believe the Islamic Republic is under greater pressure than at any point in recent years.

He pointed to growing frustration among some Iranians who believe the conflict exposed vulnerabilities that could have accelerated political change.

"There's some level of disappointment that the fact that the US is negotiating with this regime is bad for the future of a free Iran," he said.

The concern is not that Iran emerged stronger from the war. Rather, it is that Tehran survived a period of extraordinary pressure and may now receive economic or diplomatic relief before those pressures fully take effect.

Juneau sees a different risk.

While acknowledging that the regime has been weakened, he argues that ordinary Iranians may ultimately bear the greatest cost.

"The Iranian people have been thrown under the bus," he said.

The economy, already battered by sanctions, corruption and years of mismanagement, now faces the additional burden of reconstruction. At the same time, Juneau warns that a weakened regime does not necessarily become a more moderate one.

In fact, he believes future protests could face even harsher repression than previous waves of unrest.

"This is a regime now that will have even less tolerance for any kind of popular protests in the future," he said.

The disagreement reflects a broader uncertainty surrounding the talks themselves.

If the objective of the war was to weaken the Islamic Republic’s military capabilities, there is broad agreement that it succeeded. Iran’s regional posture has been damaged, key infrastructure has been hit and some of its most senior figures are gone.

But if the objective was to fundamentally alter Tehran’s behavior, improve conditions for ordinary Iranians or create a pathway toward meaningful political change, the answer remains far less clear.

Maleki believes the conflict became unavoidable as Iran expanded its missile, drone and regional capabilities.

"The conflict was unavoidable. It was coming sooner or later," he said.

Juneau is more cautious.

Asked whether the war was ultimately worth it, he declined to offer a simple yes-or-no answer.

"The negative implications of the war outweigh the positive implications," he said.

That may ultimately be the central dilemma facing policymakers in Washington and the region.

The war weakened the Islamic Republic. Few dispute that.

The unanswered question is whether the diplomacy now taking shape will build on that weakness or alleviate it.

Qatar rejects Iran’s demand for unrestricted release of $12 billion in funds

May 30, 2026, 00:51 GMT+1

Despite Tehran’s firm demands for the immediate and unconditional release of $12 billion in cash upon the signing of an initial Memorandum of Understanding (MoU) with the United States, Qatari officials rejected the

According to a source close to a Qatari official involved in the discussions, Doha refused to transfer the funds directly or in cash to Iran. Instead, the money will only be made available as credit for Tehran to purchase essential goods and products directly from Qatar.

The restriction comes amid strong US opposition to granting Iran direct, unrestricted access to liquid financial assets.

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Qatar rejects Iran’s demand for unrestricted release of $12 billion in funds

May 30, 2026, 00:46 GMT+1
Qatar rejects Iran’s demand for unrestricted release of $12 billion in funds
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Parliament Mohammad Bagher Ghalibaf (right) and Foreign Minister Abbas Araghchi (left) depart for Doha on Tuesday, 5/25/2026

The recent high-stakes visit of a senior Iranian delegation to Doha, led by Parliament Speaker Mohammad Bagher Ghalibaf, has ended in a major diplomatic setback for Tehran, an informed source with knowledge of the negotiations told Iran International.

Despite Tehran’s firm demands for the immediate and unconditional release of $12 billion in cash upon the signing of an initial Memorandum of Understanding (MoU) with the United States, Qatari officials rejected the request, agreeing to release only half of the amount under strict limitations, the source said.

According to a source close to a Qatari official involved in the discussions, Doha refused to transfer the funds directly or in cash to Iran. Instead, the money will only be made available as credit for Tehran to purchase essential goods and products directly from Qatar.

The restriction comes amid strong US opposition to granting Iran direct, unrestricted access to liquid financial assets.

Washington raised concerns that direct cash injections would provide the Iranian government with vital economic breathing room, allowing it to pay delayed public salaries and procure military equipment or other goods from foreign countries during a time of intense regional strain.

Iran International previously reported that Tehran had set the unrestricted release of the $12 billion held in Qatar as a strict, non-negotiable precondition before it would advance any preliminary diplomatic understanding or sign the proposed framework agreement.

While Speaker Ghalibaf explicitly requested liquid financial assistance to ease Iran's severe domestic economic pressures, Qatar’s counteroffer effectively bars Iran from using the capital at its own discretion in a blow to Tehran’s strategy in US talks.

Rather than gaining direct access to the cash, Tehran is now forced to spend the capped credit line solely within the Qatari market for essential commodities.

To prevent the dispute from derailing the broader, highly sensitive framework talks with the United States, which aim to secure a regional ceasefire and reopen the strategic Strait of Hormuz, all participating parties have reportedly agreed to keep the details of this financial disagreement strictly confidential.

Doubts deepen over Khamenei’s role in Tehran’s US talks

May 28, 2026, 11:00 GMT+1
Doubts deepen over Khamenei’s role in Tehran’s US talks
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eople walk past a banner with a picture of Iran's Supreme Leader, Mojtaba Khamenei, in Tehran Bazaar, in Tehran, Iran, May 16, 2026.

A source close to the Tehran-Washington negotiations told Iran International there are doubts over whether Mohammad Bagher Ghalibaf and the Islamic Republic’s negotiating team are fully coordinated with Supreme Leader Mojtaba Khamenei.

The source said there were serious ambiguities over how much Khamenei knows about the talks and the extent of the negotiating team’s understanding with the Trump administration.

Ghalibaf and Araghchi’s recent trip to Qatar, coupled with the negotiating team’s reluctance to go to Pakistan or continue talks in Tehran, has deepened questions over who is coordinating the process inside the Islamic Republic, Information received by Iran International indicates