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US Sanctions Iranian Agency in Strait of Hormuz
The US Treasury Department sanctioned an Iranian agency, the Persian Gulf Strait Authority (PGSA), for attempting to control the Strait of Hormuz. This move is seen as a response to Iran’s new attempt to manage the passageway.
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The Hill
The Treasury Department on Wednesday sanctioned an Iranian agency attempting to control the Strait of Hormuz. In a release, Treasury said that the Persian Gulf Strait Authority (PGSA) — which the Iranian government formed earlier this month to manage the passageway — is a “new attempt by Iran’s Isla
2026-05-28 14:55 UTC