Iran's president resigns, says IRGC seized control and cut him out of decisions

Iranian President Pezeshkian has resigned (media sources), telling Supreme Leader Khamenei the IRGC had seized control of all major decisions and rendered elected civilian government unworkable. Oil is higher on Globex to open the new week. Treat this report with care, social media sources only at this stage. Iran's government has denied it as 'fake news'.

Iran's president resigns, says IRGC seized control and cut him out of decisions. Iranian President Masoud Pezeshkian resigned and addressed a direct communication to Supreme Leader Ali Khamenei stating that the Islamic Revolutionary Guard Corps had assumed control of all major decision-making, per the source material. Pezeshkian stated he had been excluded from every significant decision and said he could not continue to govern under those conditions, per the source material. The resignation amounts to a formal admission by Iran's elected head of government that civilian authority is subordinate to IRGC command, per the source material. The development directly undermines the ongoing US-Iran negotiations, as Washington has been engaging with a civilian government whose own president has now declared it lacks effective power, per the sourc...