US Imposes New Sanctions on Iranian Strait Authority, Targets Oil and Aviation Sector

WASHINGTON, May 28: The United States has announced a fresh round of sanctions targeting Iran’s Persian Gulf Strait Authority as part of an intensified pressure campaign on Tehran’s oil exports and transport networks.

US Treasury Secretary Scott Bessent said Washington has launched what he described as an “Economic Fury” campaign aimed at restricting Iran’s energy revenues and maritime trade.

In a post on social media platform X, Bessent warned companies and governments against making payments he described as “Iranian tolls disguised as aid,” referring to fees linked to shipping activities in the Strait of Hormuz.

He also claimed that a US naval blockade had significantly reduced Iranian crude oil shipments to record lows and said further measures would target Iranian airlines, including restrictions on landing rights, refueling services, and ticket sales.

The Treasury chief added that the pressure campaign would continue unless a “satisfactory outcome” is reached in ongoing negotiations with Tehran.

The announcement marks an escalation in US economic measures against Iran, further tightening restrictions on its critical oil and aviation sectors amid ongoing regional tensions.