U.S. Imposes New Sanctions on Iran’s Military Oil Sales and Persian Gulf Strait Authority
The United States imposed new sanctions on Iran’s military oil sales, according to the Treasury, and sanctioned Iran’s Persian Gulf Strait Authority, a new Tehran agency that collects fees for the Strait of Hormuz. U.S. Treasury Secretary Scott Bessent also cautioned Oman against facilitating tolls for the Strait of Hormuz.
The United States imposed new sanctions on Iran’s military oil sales, according to the Treasury. The United States Treasury Department also announced sanctions on Iran’s Persian Gulf Strait Authority, a new Tehran agency that collects fees for the Strait of Hormuz. U.S. Treasury Secretary Scott Bessent cautioned Oman against facilitating tolls for the Strait of Hormuz.
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