U.S. sanctions Iran Strait Authority and warns on toll payments
Treasury Secretary Scott Bessent announced sanctions against Iran’s new Persian Gulf Strait Authority. Companies were warned against paying tolls for passage.
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AFBytes briefing
Sanctions on maritime transit routes can raise shipping costs and affect global energy and goods prices that reach American consumers.
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Treasury Secretary Scott Bessent announced sanctions against Iran’s new Persian Gulf Strait Authority. Companies were warned against paying tolls for passage.