The Treasury Department on Wednesday sanctioned an Iranian agency attempting to control the Strait of Hormuz. In a release, Treasury said that the Persian Gulf Strait Authority (PGSA) — which the Iranian government formed earlier this month to manage the passageway — is a “new attempt by Iran’s Islamic Revolutionary Guard Corps (IRGC) to monetize...
The Treasury Department on Wednesday sanctioned an Iranian agency attempting to control the Strait of Hormuz. In a release, Treasury said that the Persian Gulf Strait Authority (PGSA) — which the Iranian government formed earlier this month to manage the passageway — is a “new attempt by Iran’s Islamic Revolutionary Guard Corps (IRGC) to monetize...
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