{"id":10057,"date":"2026-05-28T13:31:34","date_gmt":"2026-05-28T13:31:34","guid":{"rendered":"https:\/\/siliconvalleymovingpost.com\/?p=10057"},"modified":"2026-05-28T13:31:34","modified_gmt":"2026-05-28T13:31:34","slug":"us-imposes-sanctions-on-iranian-agency-trying-to-control-shipping-in-the-strait-of-hormuz","status":"publish","type":"post","link":"https:\/\/siliconvalleymovingpost.com\/?p=10057","title":{"rendered":"US imposes sanctions on Iranian agency trying to control shipping in the Strait of Hormuz"},"content":{"rendered":"
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By FARNOUSH AMIRI<\/strong><\/p>\n

The Trump administration on Wednesday placed additional sanctions on Iran as part of a sprawling economic pressure campaign during the war, this time targeting the country\u2019s newly created agency that is trying to control shipping through the Strait of Hormuz.<\/p>\n

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The sanctions were announced late Wednesday after U.S. forces carried out strikes on an Iran military facility after downing Iranian attack drones, according to U.S. officials who were not authorized to comment publicly and spoke on the condition of anonymity.<\/p>\n

The sanctions move, first reported by The Associated Press, is the latest U.S. effort to use economic leverage on top of military action to push Iran\u2019s leadership into an agreement to end the war and open the waterway where a fifth of the world\u2019s oil and natural gas normally passes. President Donald Trump has said a deal is imminent, but talks are ongoing.<\/p>\n

Rising energy prices and other costs stemming from Iran\u2019s effective closure of the strait have heaped political pressure on Trump and other Republicans ahead of the midterm congressional elections.<\/p>\n

\u201cThe Iranian military\u2019s latest attempt to extort global maritime trade is proof that Economic Fury has left the regime desperate for cash,\u201d Treasury Secretary Scott Bessent said in a statement.<\/p>\n

The sanctions target Iran\u2019s Persian Gulf Strait Authority and any person or entity cooperating with the agency, announced earlier this month, that approves transit in the strait and charges tolls that could reach as high as $2 million per vessel.<\/p>\n