Iran's Revolutionary Guard ordered to give up all businesses

[Kate Turlington + 44]

This is huge, President Rouhani has ordered the Revolutionary Guard (and all other branches of the armed forces) to divest all their business assets (including energy assets) to help prop up the economy. The armed forces controls tons of business--a large chunk of the economy. I smell trouble here ...

[TraderTate + 186]

what kind of energy assets are we talking about here?

[Kate Turlington + 44]

I think a lot of downstream stuff (refineries, petrochemical plants, etc)

[Seleskya + 50]

Rouhani's been chipping away at their business influence for a little while now, but this 'order' is big. 

[Marina Schwarz + 1,576]

Go Rouhani, while there's still time.

[Kate Turlington + 44]

Right, but Rouhani's not going to strip the Revolutionary Guards of their massive assets without a fight. I expect a major showdown here.