Current Affairs
U.S. Treasury Warns Oman Over Hormuz Toll System
U.S. Treasury Secretary Scott Bessent warned Oman on May 28, 2026 that Washington will aggressively sanction any country or entity facilitating an Iranian-linked tolling system in the Strait of Hormuz. The warning escalates pressure on the Gulf partner following President Trump's threats. Treasury sanctioned Iran's Persian Gulf Strait Authority (PGSA), accusing it of coordinating with the Islamic Revolutionary Guard Corps (IRGC) to extort vessels and collect illegitimate passage fees.
