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The US Treasury Department has sanctioned the Persian Gulf Strait Authority, an Iranian agency formed to manage the Strait of Hormuz. This action is part of the US response to what it describes as an attempt by Iran's Islamic Revolutionary Guard Corps to control the strategic waterway.
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The US Treasury Department has sanctioned the Persian Gulf Strait Authority, an Iranian agency formed to manage the Strait of Hormuz. This action is part of the US response to what it describes as an attempt by Iran's Islamic Revolutionary Guard Corps to control the strategic waterway.
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US sanctions Iranian agency trying to control Strait of Hormuz
US Treasury Department Sanctions Iranian Agency Over Strait of Hormuz Control