Hormuz

US Imposes New Sanctions on Iran Tied to Hormuz Tensions

The U.S. Treasury on Wednesday sanctioned Iran’s Persian Gulf Strait Authority, a new agency that collects fees from vessels passing through the Strait of Hormuz.

Treasury Secretary Scott Bessent in a statement that “The Iranian military’s latest attempt to extort global maritime trade is proof that Economic Fury has left the regime desperate for cash,”
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Favour Jeremiah
Favour Jeremiah

Favour Jeremiah is a seasoned writer and media professional with over six years of experience across digital media and broadcasting. Favour’s career is rooted in traditional journalism, having served as a prominent voice for 2 Radio stations.
She combines this investigative rigor with a "humanised" and engaging writing style to break down complex social issues into timely, relatable and relevant insights.

With a track record of producing SEO-optimized content that reaches thousands of readers, Favour consistently focuses on delivering value-driven narratives that reflect the real-world challenges and interests of the public.

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