Sanctions coverage

Bessent: the United States government will not tolerate any effort to impose a tolling system in the Strait of Hormuz, and Oman in particular should know that the U.S. Treasury will aggressively target any actors involved - directly or indirectly - in facilitating tolls for the strait.

US Treasury chief says he will halt Iranian airlines' access to landing spots.

Bessent says the U.S. naval blockade has reduced Iranian crude shipments to a record low, and the U.S. will also deny Iranian airlines access to landing, refueling, and ticket sales.