U.S. Sanctions New Iranian Agency That Claims Authority Over Strait Of Hormuz
The Trump administration on Wednesday imposed additional sanctions on Iran as part of expanded sanctions. economic pressure campaign Targeting the country this time during the war Newly created agency trying to control shipping via the Strait of Hormuz.
The sanctions were announced late Wednesday. US forces launched an attack An Iranian military facility was attacked after Iranian attack drones were shot down, according to US officials who were not authorized to comment publicly and spoke on condition of anonymity.
The sanctions move, first reported by the Associated Press, is the latest effort by the United States to use economic pressure in addition to military action. To force the Iranian leadership to agree to end the war and open the waterway through which one-fifth of the world’s oil and gas normally passes. President Donald Trump said a deal was close but said talks were ongoing.
Rising energy prices and other costs Effective shutdown of Iran Developments in the Bosphorus put political pressure on Trump and other Republicans ahead of the midterm congressional elections.
“The Iranian military’s latest attempt to hijack global maritime trade is proof that Economic Fury has left the regime desperate for cash,” Treasury Secretary Scott Bessent said in a statement.
It was announced that the sanctions target Iran’s Persian Gulf Strait Administration and any person or organization that cooperates with this institution, with the announcement made at the beginning of this month. Approves transit in the Bosphorus and collects toll This figure can go up to 2 million dollars per ship.
Iran’s powerful paramilitary Revolutionary Guard has defended the surveillance effort, saying the only safe route through the critical waterway is through Iran. designated corridor and says that ships deviating from this path will face a series of attacks and risks.
Iran’s strangulation of the strait caused a stir energy shocks around the world and followed the US and Israel launching the war on February 28. Prices for oil, gas and related products have soared, and experts say it will take several weeks, or even months, for shipping and prices to recover once the waterway reopens.
In contrast, the USA Iran blockaded its ports It’s been more than a month, and Trump said it “will remain in full effect until an agreement is reached, ratified and signed.”
The latest economic penalties come as Washington and Tehran are engaged in some of the most intense diplomacy and negotiations in years aimed at ending the war and finding a longer-term solution to problems between the longtime foes.
Trump said on Wednesday that Iran was “negotiating over gases” and that the parties were moving closer to a deal. The US military said Monday it carried out the attacks in “self-defense” at missile launch sites and on boats placing mines. Wednesday’s strikes are likely to lead to further complications.
“They very much want to make a deal,” Trump said at the Cabinet meeting on Wednesday. “So far they haven’t gotten there. We’re not happy about it, but we will; it’s either that or we’ll have to finish the job.”
The Republican president also reiterated his warning that fighting would continue if a deal is not reached, but he has walked back those threats several times in the past few months.
