The PGSA condemned the sanctions and added that it considered being sanctioned by “a country whose leader takes pride in piracy” as a sign of “positive performance."

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…

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

The United States Treasury announced sanctions Wednesday against Iran's Persian Gulf Strait Authority, Tehran's new agency that collects...

US sanctions Iran's Hormuz authority, warning firms aiding Strait operations could face penalties under IRGC rules.

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

The PGSA condemned the sanctions and added that it considered being sanctioned by “a country whose leader takes pride in piracy” as a sign of “positive performance."

Iran's PGSA condemns US sanctions, pledging uninterrupted navigation for non-hostile vessels through the Strait of Hormuz.