Tuesday, June 16, 2026

Latest

Hackers Found That Russia Paid Iran $1.75 Billion ‘In Literal Gold’ for 6,000 Drones

The Prana Network, a group of hackers, has reportedly infiltrated the email servers of the Iranian Revolutionary Guard Corps (IRGC), unearthing a trove of data on the sale of Shahed drones to Russia. 

The data, approximately 10 gigabytes, was extracted from Sahara Thunder, a front company for the IRGC, which has been facilitating the sale of Iranian arms to Russia, including the Shahed kamikaze drones used in the Ukraine War since Russia’s invasion in 2022.

The Shahed drones, specifically the delta-winged Shahed-131/136 variants, are designed and manufactured by Shahed Aviation Industries Research Center, an entity operating under the IRGC. 

These drones are reported to have a range of 500 to 900 miles and have been utilized extensively in military operations. Contrary to a report by the Guardian, which cited an analyst with the International Institute for Strategic Studies pegging the cost of each drone at $20,000 or more, documents from Sahara Thunder revealed by Prana Network indicate a claimed production cost of $375,000 per unit.

The leaked documents further disclosed that Russia and Iran had negotiated a discounted bulk purchase price, agreeing on $193,000 per drone for a 6,000 unit order, totaling $1.75 billion including licensing fees for local production in Russia. 

The leaked documents also reveal that Russia paid for the drones, hardware, and software in gold, shipping a little over two tonnes in bullion to the manufacturer Sahara Thunder.

The revelation of the actual costs involved in the drone transactions between Russia and Iran highlights the strategic and financial dimensions of their military cooperation. While the drones remain effective from a cost perspective, their real cost significantly exceeds earlier estimates.


Information for this story was found via The Guardian, Forbes, Yahoo, and the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why Silver’s Next Move May Be Built on a Much Stronger Base | Mani Alkhafaji – First Majestic Silver

Guanajuato Silver Q1 Earnings: They Finally Post Positive Net Income

We’re in a New Era of Gold Price Discovery | Ryan King – Equinox Gold

Recommended

Antimony Resources Drills 5.45% Antimony Over 10.3 Metres At Bald Hill

PTX Metals Hits 92% Copper Recovery in Debut W2 Testwork

Related News

Russian Rail Sector May Be Grinding To A Halt From Impact Of Western Sanctions

Analysts believe that Russia’s rail and wagon-building sector is headed towards a recession. The industry...

Monday, September 5, 2022, 01:17:00 PM

Zoltan Pozsar: “We Need A Recession To Curb Inflation”

For Credit Suisse contributor Zoltan Pozsar, the current economic situation isn’t just a mere economic...

Monday, August 8, 2022, 10:29:36 AM

Ukraine’s Deputy PM Asserts Strikes on Russian Refineries Are Fair Game Despite US Warnings

Ukraine’s Deputy Prime Minister for European and Euro-Atlantic Integration Olga Stefanishina made a bold declaration...

Friday, March 22, 2024, 11:48:00 AM

Russia Fails to Make Interest Payment on Dollar Bonds

Holders of Russian dollar-denominated bonds that had coupon payments due Wednesday have yet to receive...

Thursday, March 17, 2022, 11:50:00 AM

Russia Considers Banning Uranium Exports; Could Cause a Further Jump in Uranium Prices

Citing comments by Deputy Prime Minister Alexander Novak, the Russian state news agency TASS reported...

Sunday, March 27, 2022, 09:00:00 AM