US imposes new sanctions on Iran, IRGC-linked entities following attacks in Strait of Hormuz

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Signage is seen at the United States Department of the Treasury headquarters in Washington, DC, US, August 29, 2020. (photo credit: REUTERS/ANDREW KELLY/FILE PHOTO)https://images.jpost.com/image/upload/f_auto,fl_lossy/q_auto/c_fill,g_faces:center,h_3942,w_5914/721819" title="Signage is seen at the United States Department of the Treasury headquarters in Washington, DC, US, August 29, 2020. (photo credit: REUTERS/ANDREW KELLY/FILE PHOTO)" />
The sanctions require any US-based involvement in the sanctioned companies to be reported to the Treasury's Office of Foreign Assets Control (OFAC).ย 

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