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The Nexus
SECURITYJul 29 · 19:18 UTCMIDDLE EAST EYEBilge Kotan

New US sanctions target Iran's Hormuz income

The United States imposed new sanctions on entities linked to Iran's Islamic Revolutionary Guard Corps (IRGC) for extorting commercial vessels transiting the Strait of Hormuz via mandatory maritime insurance. President Donald Trump warned of a 'hard' strike against Iran following a missile attack on US bases in Jordan, escalating tensions.

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New US sanctions target Iran's Hormuz income · The Nexus