For the first time, WikIran reveals Nosazan Kaveh and GDCP, shedding light on the Iranian Revolutionary Guard Corps (IRGC)'s oil deals. The leak exposes a complex infrastructure of front companies, vessels and schemes, similar to the ones exposed in the Sepehr Energy Jahan (SEJ) database.

Last December, as the bleak financial situation in Iran unfolded, large-scale protests began. In those protests, The IRGC rose as the primary oppressor of the Iranian people. A few months later, the IRGC used the ongoing conflict in the Middle East to justify launching deadly attacks on civilian targets, key energy facilities in the region and actors in international maritime trade. Most of the IRGC’s funding derives from the organization’s oil revenues, which are overseen by the Shahid Pour Jafari command and its front companies. That is why it's imperative that the system facilitating these harmful actions be uncovered and dismantled.

The recent leak exposes the confidential emails of two IRGC's front companies, sanctioned Golden Globe Demir Celik Petrol Sanayi ve Ticaret Anonim Sirketi (GDCP) and previously undisclosed Nosazan Kaveh. The materials contain information on key figures involved in the operations of the Shahid Pour Jafari oil command, as well as entities and aspects of the secretive petroleum trading.

Our research indicates that Shahid Pour Jafari is the military body that oversees the GDCP network, understood to be the IRGC’s petroleum trading arm, alongside Nosazan Kaveh. This oil operation is the engine behind the organization’s activities and there is no need to remind that the IRGC is designated as an FTO, Foreign Terrorist Organization, by the US Secretary of State.

The IRGCs’ engagement in an "oil-for-military materials" barter arrangement with sanctioned Chinese energy firm Haokun Energy is particularly significant. Haokun Energy holds a substantial outstanding debt to the IRGC, which the Iranian regime is eager to reduce. Additionally, Haokun Energy and the IRGC have collaborated on major infrastructure projects within Iran, with the IRGC's Khatam Al-Anbiya as the principal contractor for these ventures.

The recently leaked materials related to the AFGS and its trading arm Sepehr Energy Jahan (SEJ) revealed the shady practices behind the oil business of the Iranian security forces and reinforce the affirmation that these security bodies operate financially and commercially using classic money laundering and sanction evasion schemes to finance their illicit or terrorist activity.

Notably absent from the leaked materials were any indications of companies like the AFGS’ SEJ or MODAFL’s Sahara Thunder, which strengthens the fact that the IRGC has a strong and independent oil business infrastructure:

The IRGC’s Oil Bussines Structure

A proposed hierarchical structure of Shahid Pour Jafari shows that GDCP (based in Turkey) handles the commercial aspects of the oil operation, while Nosazan Kaveh (based in Iran) manages the financial operations. It is noteworthy that GDCP itself was also designated by the US Treasury in July 2025, as an IRGC front funneling hundreds of millions of dollars in oil sales annually.

The leak includes a table of Pour Jafari employees and their bank accounts in Bank Sepah, also known as the “Piggy Bank” of the Iranian Armed Forces. Among the highest-grossing individuals are the head of the Pour Jafari HQ, Ahmed Mohammedi Zadeh, the head of the financial department, Samad Fathi Salami - also known as Hooman Faraji according to recent publications, and the former head of the commercial department, Mohammad Reza Ashrafi. Ashrafi was killed during the recent conflict in Iran for his role in financing the IRGC and its proxies around the world. All three prominent figures were designated by the US Treasury in the recent round of IRGC-related sanctions (under the name Shahid Purja’fari Oil Headquarters), for their part in managing IRGC financial and commercial issues.

Additionally, 24 more employees of the HQ, are involved in the IRGC oil operations on a daily basis:

IRGC’s Oil Command employees

It is also noteworthy that In September 2025, Nosazan Kaveh was mentioned in a WikIran article exposing Satareh Taban Kish, the only documented Rahbar company of Bank Sepah – also recently sanctioned by the US Treasury. In the article, Nosazan Kaveh appears as an entity that holds an account in the bank.

The leak also includes examples of legal documents issued by the IRGC’s front companies, such as the following formal letter regarding an oil shipment. In this letter, GDCP (Golden Globe) is responsible of chartering the vessel MT Hasna (that was recently disabled by the US forces in the Gulf for trying to bypass the blockade) from the National Iranian Tanker Company (NITC) on behalf of the IRGC Oil HQ, Shahid Pour Jaffari. Signatures of GDCP, Pour Jafari and NITC representatives are visibly written in the document, allowing us to understand the dynamics between the different bodies, as well as connections to sanctioned Iranian entities:

The recent Pour Jafari leak reveals deals and connections like these, but also extensive information on vessels, front companies and various questionable schemes. In the following weeks, WikIran will continue to dig deeper into the IRGC’s secretive oil dealings, as well as participants and methods exposed for the first time.