May 28 (UPI) -- The U.S. Treasury announced late Wednesday that it has sanctioned an Iranian entity, newly created to oversee and manage the Strait of Hormuz, as the Trump administration seeks to force Tehran to relinquish control over the vital energy trade route. The strait has been an issue of contention between the United States and Iran, which are locked in negotiations to end the war. Iran restricted navigation of the strait after the United States and Israel attacked the country in late