On May 27, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced that the Persian Gulf Strait Authority (Arabic: نهاد مدیریت آبراه خلیج فارس) was added to its Specially Designated Nationals (SDN) List. The authority, based in Iran, is identified on the list with a website address of https://pgsa.ir. OFAC notes the entity faces secondary sanctions under section 1(b) of Executive Order 13224, as amended by Executive Order 13886. The organization was established in 2026 and is linked to the Islamic Revolutionary Guard Corps. No other administrative changes were reported. The designation imposes restrictions on U.S. persons and entities engaging in transactions with the authority.
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