Treasury Sanctions Iran’s New Strait Authority, Warns Companies Against Paying Hormuz Tolls
![Bessent Says Iran’s Military Power Is Being Dismantled [WATCH]](https://teamredvictory.com/wp-content/uploads/2026/03/Bessent-Says-Irans-Military-Power-Is-Being-Dismantled-WATCH-360x180.jpg)
The Trump Administration escalated its economic offensive against Iran on Thursday, sanctioning Tehran’s newly created Persian Gulf Strait Authority and warning companies around the world not to pay tolls for passage through the Strait of…