Iran Sanctions & Trade Observatory (ISTO)

Shedding light on Iran’s financial web, oligarchic networks, and sanctions bypass tactics

“Iran Sanctions & Trade Observatory (ISTO) is an independent research institution exposing Iran’s global network of front companies and financial schemes used to bypass sanctions. Through research, intelligence gathering, and collaboration, ISTO reports on illicit financial flows, money laundering, and IRGC-linked covert trade. Our mission is to enhance transparency, strengthen enforcement, and inform stakeholders about Iran’s sanctions-evasion tactics, aiming to disrupt IRGC-backed operations and support a rules-based global order.”

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Mohammad Bagher Ghalibaf and the survivor network in the post-Khamenei power architecture
  • August 12, 2026

Mohammad Bagher Ghalibaf: The Survivor Network in the Post-Khamenei Power Architecture

Introduction: The Man Who Survived the System   Any serious attempt to map the Mohammad Bagher Ghalibaf power network has to begin with a problem that conventional factional analysis cannot explain. There is no formal organisation carrying his name,...

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