According to the Treasury Department, the authority was designated under counterterrorism sanctions authorities and was linked to the Islamic Revolutionary Guard Corps (IRGC).

NEW YORK - The Persian Gulf Strait Authority, an Iranian authority overseeing shipping control in the Strait of Hormuz, has been added to the Specially Designated Nationals List…

WASHINGTON, May 27 (Reuters) - The United States on Wednesday issued new Iran-related sanctions by adding the Persian Gulf Strait Authority to its Specially Designated Nationals…