US imposes new sanctions on Iran, IRGC-linked entities following attacks in Strait of Hormuz

The US has imposed new sanctions on Iran and entities linked to the Islamic Revolutionary Guard Corps (IRGC) in response to recent attacks in the Strait of Hormuz. These sanctions mandate that any US-based dealings with these entities must be reported to the Treasury's Office of Foreign Assets Control. This move underscores the US's commitment to maintaining stability and security in one of the world's most critical shipping lanes, highlighting the geopolitical tensions between Iran and Western nations. The sanctions aim to curtail Iran's ability to fund activities that threaten regional and global security.