US Treasury warns against paying Iranian transit tolls
The U.S. Treasury warned that shippers paying tolls to Iran for passage through the Strait of Hormuz risk sanctions. This includes payments made as charity.
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The United States Treasury warned shippers on Friday that paying tolls to Iran for Strait of Hormuz passage risks punitive sanctions. The route carries 20% of global seaborne crude oil and liquefied natural gas flows. Sanctions apply even to charitable donations, complicating safe passage for energy vessels during ongoing regional conflict.
