The Trump administration imposed new sanctions on Iran targeting a newly formed agency overseeing shipping in the Strait of Hormuz, escalating economic pressure during the war as talks continue; Energy shocks mount as Trump claims a deal is near

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…

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…