Tehran's drone economy: who actually buys, who pretends to

🟣 TEHRAN — Iran's drone export numbers don't match its drone export announcements.

📌 LOOK CLOSER: Tehran has publicly confirmed Shahed-136 transfers to four state buyers in 2025-2026: Russia, Venezuela, Sudan, and Belarus. Procurement chain analysis from open-source intelligence suggests a fifth and sixth recipient: Algeria (denied) and a non-state actor in West Africa (unconfirmed). The gap between announced and actual matters because Iran's drone economy is now its second-largest hard currency earner after rebadged oil exports. If the actual buyer list is wider than admitted, Tehran's sanctions-resistance margin is wider too. Which would explain why the Treasury OFAC briefings keep adding intermediary entities without ever naming the end clients.