Strait of Hormuz: U.S. Says Ships Paying Iran Toll Will Face ‘Wrath’

United States has issued a strong warning that any ship that pays toll to Iran would feel its wrath.

The Treasury Department’s Office of Foreign Assets Control, OFAC, gave the warning on Friday.

It stated that fulfilling any demand for an Iranian toll in exchange for passage through the Strait of Hormuz risks exposure to US sanctions.

Any ships that pay toll to Iran will feel our wrath. OFAC is issuing this alert to warn US and non-US persons about the sanctions risks of making these payments to, or soliciting guarantees from, the Iranian regime for safe passage. These risks exist regardless of payment method,” it said.

According to the warning, demands to pay a toll could come in a variety of ways, including fiat currency, digital assets, offsets, informal swaps, or other in-kind payments, such as charitable donations to the Iranian Red Crescent Society.

The OFAC also reiterated that the US naval blockade of Iranian ports remains in effect.

The warning is coming as shipping traffic through the critical shipping channel remains at a virtual standstill and the indefinite ceasefire between the US and Iran drags on without a clear resolution to the war — or a full reopening of the strait — in sight.

Related Posts

Portable Claims Boxing Match Against Carter Efe Was Scripted to Avoid N23 Billion Payout

    Controversial musician, Portable, has claimed that Carter Efe’s victory in the celebrity boxing bout on Friday was scripted by organisers to evade payment of N23 billion to people…

Money to Be Made: Badmus Challenges Akindele to Boxing Ring Showdown

      Popular Nollywood actress, Eniola Badmus, has challenged Funke Akindele to a celebrity boxing fight.     This came a few hours after Nigerian streamer, Carter Efe defeated…

Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

Portable Claims Boxing Match Against Carter Efe Was Scripted to Avoid N23 Billion Payout

Portable Claims Boxing Match Against Carter Efe Was Scripted to Avoid N23 Billion Payout

Money to Be Made: Badmus Challenges Akindele to Boxing Ring Showdown

Money to Be Made: Badmus Challenges Akindele to Boxing Ring Showdown

Niger State Doctors Issue 72-Hour Ultimatum Over Kidnapped Colleague,

Niger State Doctors Issue 72-Hour Ultimatum Over Kidnapped Colleague,

Dickson Crowns Obi, Kwankwaso As ‘Biggest Political Brands’ Joining NDC

Dickson Crowns Obi, Kwankwaso As ‘Biggest Political Brands’ Joining NDC

Dont Come Here: Obi Urges Tinubu Administration to Allow Peaceful Building of New Party “NDC”

Dont Come Here: Obi Urges Tinubu Administration to Allow Peaceful Building of New Party “NDC”

Just In: Political Shift: Yusuf Datti Quits ADC After Disagreement with National Leadership

Just In: Political Shift: Yusuf Datti Quits ADC After Disagreement with National Leadership