US targets Iran with fresh sanctions over Strait of Hormuz 'extortion scheme'

Iran Herald · July 29, 2026 Sanctions

Washington, DC [US], July 30 (ANI): The United States on Wednesday slammed fresh sanctions on entities connected with Iran's Revolutionary Guards, accusing them of shaking down commercial vessels operating through the Strait of Hormuz. The US Treasury Department stated that the punitive action hits eight oil tankers and 10 corporate entities.

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