US Declares New Sanctions on Iran, PGSA Condemns US Leadership

US declares new sanctions on Iran, PGSA condemns US leadership

The PGSA condemned the sanctions and added that it considered being sanctioned by “a country whose leader takes pride in piracy” as a sign of “positive performance."

Persian Gulf Strait Authority says US sanctions will not secure control of Hormuz

Agency says it continues issuing transit permits to non-hostile vessels despite US sanctions

Iran's new Strait of Hormuz body condemns US sanctions, vows 'no interruptions'

Persian Gulf Strait Authority (PGSA), Iran's new body to manage the passage of vessels through the Strait of Hormuz, condemned the US sanctions on it and vowed to continue its operations "without interruptions".

Iran's Strait of Hormuz authority says sanctions won't help US gain waterway's control

The Iranian authority controlling the Strait of Hormuz condemns the United States' sanctions targeting the body.

Iran's Strait of Hormuz authority says US cannot gain control through sanctions

The Persian Gulf Strait Authority (PGSA) made the remarks in a statement issued on Friday, three days after the US Treasury Department announced sanctions against the newly established body, which manages requests for passage through the key maritime corridor, News.Az reports, citing Iran's English-language Press TV. "You failed to gain control over the Strait of Hormuz either on the ground or through diplomacy," the statement said, referring to…

US sanctions target Iran’s Hormuz transit authority

PGSA on US Treasury blacklist Secondary sanctions for shipowners Iranian tolls ‘operational reality’ Commercial vessels transiting the Strait of Hormuz using the Iran-linked Persian Gulf Strait Authority (PGSA) now face US sanctions after Washington added the body to the Treasury Department’s blacklist. The move by the US Office of Foreign Assets Control (OFAC) exposes non-US shipowners, insurers and banks to secondary sanctions if they use the …