Event Brief
US sanctions target entities linked to Iran’s Hormuz income
Filed: Jul 29, 2026 at 4:09 PM ET
Summary: The US announced sanctions targeting entities linked to Iran’s IRGC over alleged extortion of ships in the Strait of Hormuz.
WHO: United States
WHAT: Announced sanctions targeting entities linked to Iran’s Islamic Revolutionary Guard Corps over alleged extortion of ships transiting the Strait of Hormuz.
WHEN: Jul 29, 2026 at 3:18 PM ET
WHERE: USA
WHY: The sanctions were imposed over accusations that the targeted entities extorted ships transiting the Strait of Hormuz.
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