State Dept.: Countering Iran's Exploitation of the Strait of Hormuz
July 29, 2026
July 29, 2026
WASHINGTON, July 29 -- The U.S. State Department issued the following statement by Principal Deputy Spokesperson Tommy Pigott:
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Countering Iran's Exploitation of the Strait of Hormuz
Today, the United States designated the Persian Gulf Marine Insurance Company and Hormuz Safe Marine Services Authority, two Iranian entities backed by the Islamic Revolutionary Guard Corps (IRGC), for running coercive "insurance" schemes that extort interna . . .
* * *
Countering Iran's Exploitation of the Strait of Hormuz
Today, the United States designated the Persian Gulf Marine Insurance Company and Hormuz Safe Marine Services Authority, two Iranian entities backed by the Islamic Revolutionary Guard Corps (IRGC), for running coercive "insurance" schemes that extort interna . . .