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Politics

US warns shippers of sanctions if they pay "toll" to Iran for Hormuz passage

May 1, 2026
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Washington DC [US], May 1 (ANI): The US Treasury Department on Friday warned shipping companies and maritime operators of potential sanctions if they make payments to Iran for safe passage through the strategic Strait of Hormuz.According to an advisory issued by the Treasury Department's Office of Foreign Assets Control (OFAC), it is aware of Iranian threats to shipping and alleged demands for 'toll' payments in

Iran Herald
Iran Herald

Coverage and analysis from Iran. All insights are generated by our AI narrative analysis engine.

Iran
Bias: center

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