US says deals with Iran for safe Hormuz transit are prohibited
The US has prohibited any deals with Iran for safe passage through the Strait of Hormuz, regardless of payment. This decision comes amid a significant slowdown in shipping traffic through the vital waterway since the onset of the Iran war. The US Treasury has warned that engaging with Iran's newly formed Persian Gulf Strait Authority could lead to sanctions.
- ▪The US Treasury stated that US persons are prohibited from receiving services from the Government of Iran for safe passage.
- ▪Shipping through the Strait of Hormuz has dramatically decreased since the Iran war began on February 28.
- ▪The US Office of Foreign Assets Control has designated the Persian Gulf Strait Authority due to its involvement in collecting tolls and extorting vessels.
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US says deals with Iran for safe Hormuz transit are prohibitedSign up now: Get ST's newsletters delivered to your inboxShipping through Hormuz has slowed to a trickle since the Iran war began on Feb 28.PHOTO: REUTERSPublished May 30, 2026, 07:35 PMUpdated May 30, 2026, 07:35 PMWASHINGTON – The US affirmed that deals with Iran to safely sail through the Strait of Hormuz – even those which do not involve paying a toll – are not allowed, as the conflict between the two nations grinds on.“Regardless of whether a payment is made, US persons are prohibited from receiving services from the Government of Iran, including services related to a guarantee of safe passage,” the US Treasury said in an updated statement dated May 29.
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