The United States has imposed sanctions on Iran's Strait of Hormuz authority, following reports of a ballistic missile launch by Iran that landed near Kuwait. The action, announced on May 28, 2026, targets the organization responsible for managing traffic through the strategic waterway.
According to U.S. officials, the missile launch occurred on May 27, 2026, and was condemned as a threat to regional stability. The sanctions freeze any assets the authority holds in U.S. jurisdictions and prohibit American entities from doing business with it.
Iran has denied involvement in the launch, calling the allegations baseless. The Strait of Hormuz is a critical chokepoint for global oil shipments, and tensions in the region have been high.