U.S. sanctions Iran's Hormuz Strait authority, warns Oman not to allow tolls

The latest military and economic actions come as President Trump insists he feels no pressure to make a deal with Iran before November's midterm elections.

# U.S. sanctions Iran's Hormuz Strait authority, warns Oman not to allow tolls The latest military and economic actions come as President Trump insists he feels no pressure to make a deal with Iran before November's midterm elections. **Read the full article:** [CNBC](https://www.cnbc.com/2026/05/28/trump-bessent-iran-war-sanctions-hormuz-strait-kuwait.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*