President Trump declared on Truth Social that he was heading to the Situation Room to make a "final determination" on Iran as the countries continue their negotiations to end the conflict.
The United States has imposed sanctions on the Persian Gulf Strait Authority (PGSA), an Iranian entity seeking to "monetize its campaign of state-sponsored terror by extorting vessels transiting the Strait of Hormuz."
U.S. forces boarded a sanctioned oil tanker in the Indian Ocean overnight Tuesday, seizing the vessel as part of ongoing efforts to cut off Iran's illicit crude oil exports amid a ceasefire that expires Wednesday.