With its economy in freefall and inflation in the triple digits, the regime is desperate for cash. The United States will not allow Iran to hold global commerce hostage or use international shipping to finance the IRGC’s terrorism, aggression, and repression. https://t.co/J1GsCb79e6
— Treasury Secretary Scott Bessent (@SecScottBessent) July 29, 2026
… Strait.The U.S. is sanctioning Persian Gulf Marine Insurance Company and Hormuz Safe, two Islamic Revolutionary Guard Corps linked entities extorting ships in the Strait of Hormuz. The U.S. will continue intensify pressure on Iran for threatening and attacking commercial vessels in the…
— Tommy Pigott (@statedeptspox) July 29, 2026
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