# Translation The U.S. Treasury Department announced on Thursday, May 28, the imposition of sanctions on the Persian Gulf Strait Authority, an entity established by Iran on May 18, 2026, to manage navigation traffic in the Strait of Hormuz and collect transit fees from commercial vessels. The Foreign Assets Control Office (OFAC), under the department, listed the authority on the Specially Designated Nationals (SDN) sanctions list, within what the U.S.