US Treasury designates Iran's Persian Gulf Strait Authority under OFAC sanctions, targeting IRGC-linked entity collecting tolls on the Strait of Hormuz.

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…