US Treasury warns shippers not to pay Hormuz tolls, even in form of charity
The U.S. Treasury has warned shippers that paying any form of toll or donation to Iran for passage through the Strait of Hormuz could result in sanctions, even if payments are made as charitable contributions. The advisory highlights concerns over Iranian demands for payment in various forms, including through entities like the Iranian Red Crescent Society. The Strait of Hormuz remains a critical global oil transit route, and the warning coincides with Iran's latest diplomatic overture via Pakistani mediators.
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Ships and boats in the Strait of Hormuz, Musandam, Oman, Friday. Reuters-YonhapWASHINGTON — Any shippers paying tolls to Iran for passage through the Strait of Hormuz, including charitable donations to organizations such as the Iranian Red Crescent Society, are at risk of punitive sanctions, the U.S. Treasury warned on Friday.The Strait of Hormuz is one of the world’s most strategically vital maritime routes, with about 20 percent of the world’s seaborne crude oil and liquefied natural gas flows passing through it.Tehran has proposed fees or tolls on vessels passing through the Strait, as part of proposals to end the war with Israel and the United States.The advisory, from Treasury's Office of Foreign Assets Control, said the U.S.
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