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Pgsa

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Iran Signals Hormuz Closure Over Sanctions as Trump Boasts Control
world14 days ago

Iran Signals Hormuz Closure Over Sanctions as Trump Boasts Control

Amid rising U.S.-Iran tensions over the Strait of Hormuz, Iran warns it may close the chokepoint until Washington lifts sanctions, while Trump boasts that the U.S. has total control of the strait. U.S. sanctions on Iran’s Strait Authority (PGSA) have left its portal unsecured after OFAC designation, raising data-security concerns and illustrating how sanctions are pressuring Tehran’s shipping regime. The broader backdrop includes ongoing security moves and regional power realignments as Washington maintains its hard line.

Iran eyes new insurance fees for Strait of Hormuz transit
world2 months ago

Iran eyes new insurance fees for Strait of Hormuz transit

Iran's new Persian Gulf Strait Authority says vessels passing through the Strait of Hormuz must carry a Tehran-approved insurance policy, with the policy to be provided free for 60 days under a memorandum with the US; after that period, Iran and Oman plan to set fees for services and safe passage, signaling Tehran's bid to assert control over the strait. The move raises questions about compliance with international law and the right to free passage, as shipping companies await final details and the IMO seeks security guarantees amid tensions and recent warnings from Tehran.

US sanctions Iran over illicit tech network; PGSA blasts Hormuz-related move
world2 months ago

US sanctions Iran over illicit tech network; PGSA blasts Hormuz-related move

The United States announced new sanctions targeting an Iran-based network led by Ali Majd Sepehr that impersonated U.S. firms to obtain technology for Iran's military, with rewards up to $15 million for information disrupting IRGC financing. The U.S. Treasury also updated Iran-related payments guidance to safeguard passage through the Strait of Hormuz. The Persian Gulf Strait Authority (PGSA) was designated under counterterrorism authorities for supporting the IRGC, and PGSA officials condemned the sanctions on X/Twitter, calling them a sign of “positive performance” by a leader who allegedly prides himself on piracy, while vowing sanctions will not allow Hormuz to be controlled by force.

Diplomacy stalls as Iran asserts control of Strait of Hormuz amid US-Israel strikes threat
world3 months ago

Diplomacy stalls as Iran asserts control of Strait of Hormuz amid US-Israel strikes threat

Iran’s latest counterproposal remains noncommittal on suspending enrichment or surrendering its HEU, keeping US demands in place as diplomacy stalls and regional leaders press for a negotiated pause. President Trump canceled a planned May 19 strike after Gulf leaders urged delay but kept military forces on standby for a large-scale option. Tehran is formalizing control over transit through the Strait of Hormuz via the Persian Gulf Strait Authority, challenging UNCLOS interpretations and signaling closer management of the waterway, including potential limits on critical cables. CENTCOM reports 85 commercial vessels redirected and four disabled since mid-April, while Israeli strikes against Palestinian Islamic Jihad in Lebanon continue and Iranian-backed Iraqi militias conduct drone attacks against Gulf states, reflecting a volatile mix of diplomacy and coercion amid ongoing talks.

Iran Tightens Grip on Hormuz with Mandatory Transit Declarations
world3 months ago

Iran Tightens Grip on Hormuz with Mandatory Transit Declarations

Iran’s Persian Gulf Strait Authority is rolling out the Vessel Information Declaration to require all ships transiting the Strait of Hormuz to submit detailed information before passage, signaling formal control over the chokepoint and warning of consequences for incomplete data. The move could deter traffic, enable potential tolls (up to about $2 million per vessel), and disrupt global oil flows, as the US and its allies maintain warnings against Iranian control.