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Fortune
Fortune
Jason Ma

Iran’s Islamic Revolutionary Guard controls a sprawling business empire that dominates the economy

(Credit: Morteza Nikoubazl—NurPhoto/Getty Images)

The Islamic Revolutionary Guard Corps will be a major player in determining Iran’s future as President Donald Trump seeks regime change, and the vast military-industrial complex the corps has built is critical to its power.

Following the death of Supreme Leader Ali Khamenei in a U.S.-Israeli airstrike over the weekend, the IRGC has emerged as a potential source of new leadership. It’s also carrying out Iran’s military response to U.S. attacks by firing missiles at commercial vessels in the Strait of Hormuz, forcing ship traffic to come to a virtual stop in the narrow waterway through which 20% of the world’s oil passes.

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