The Times Kuwait
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action against Iran’s so-called Persian Gulf Strait Authority on Thursday. The Authority is “a new attempt by Iran’s Islamic Revolutionary Guard Corps (IRGC) to monetize its campaign of state-sponsored terror by extorting vessels transiting the Strait of Hormuz,” according to a statement … The post US ‘Economic Fury’ targets Iranian ‘maritime extortion’ appeared first on Times Kuwait .
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