May 28, 2026 12:17 PM EDT
The Trump administration on Wednesday placed additional sanctions on Iran as part of a sprawling economic pressure campaign during the war, this time targeting the country's newly created agency that is trying to control shipping through the Strait of Hormuz.
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The sanctions were announced late Wednesday after U.S. forces carried out strikes on an Iran military facility after downing Iranian attack drones, according to U.S. officials who were not authorized to comment publicly and spoke on the condition of anonymity.
The sanctions move, first reported by The Associated Press, is the latest U.S. effort to use economic leverage on top of military action to push Iran's leadership into an agreement to end the war and open the waterway where a fifth of the world's oil and natural gas normally passes. President Donald Trump has said a deal is imminent, but talks are ongoing.
