Iran blacklists 45 tankers in Hormuz escalation

Iran blacklists 45 tankers in Hormuz escalation Iran said that it has blacklisted 45 tankers for violating its rules to cross the Strait of Hormuz, adding that it would take action against future transits and any vessels transferring loads with them. The announcement comes ahead of Washington's expected announcement later on Monday of new measures to isolate the Iranian economy, while the Iranian foreign ministry warned earlier of "consequences" for countries joining in the US economic…