Tag: economic_fury

U.S. Treasury Sanctions Iran's Persian Gulf Strait Authority Over Maritime Extortion

27 May 2026 9:52 p.m. · Source: US Treasury

The U.S. Treasury sanctioned Iran's Persian Gulf Strait Authority, calling it an IRGC extortion scheme in the Strait of Hormuz. This move intensifies the "Economic Fury" campaign, aiming to cut off revenue for Iran's terror activities and warn against cooperation.

Politics and Government Business Law Enforcement World Federal Government Economy Trade Middle East Legal Military Iran Sanctions Strait of Hormuz U.S. Treasury IRGC Maritime Security Economic Fury US Treasury