SECURITYMay 28 · 13:55 UTCNY POSTSteven Nelson

Bessent sanctions Iran’s Strait Authority — and sends firm warning against paying tolls

Treasury Secretary Scott Bessent announced sanctions against Iran's new Persian Gulf Strait Authority and warned companies against paying tolls to cross the Strait of Hormuz.

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Scott BessentpersonIran's Persian Gulf Strait AuthorityorganizationStrait of HormuzplaceIranplace

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