Saturday, May 2, 2026
36.1 C
New Delhi

US threatens sanctions if shipping firms pay Iran fees for Strait of Hormuz passage

US threatens sanctions if shipping firms pay Iran fees for Strait of Hormuz passage

.

The United States has warned shipping companies that they could face sanctions if they make payments to Iran for safe passage through the Strait of Hormuz. The alert, issued Friday by the US office of foreign assets control, comes amid rising tensions over control of the strategic waterway.The Strait of Hormuz, through which about a fifth of global oil and natural gas trade typically passes in peacetime, has been heavily disrupted. Iran has effectively restricted normal traffic after attacking and threatening ships following strikes launched by US and Israel on February 28.Iran later began offering some vessels safe passage by rerouting them closer to its shoreline and charging fees for the service. The US described this system as a “tollbooth” arrangement and said the payments are now the focus of its sanctions warning.The Office of Foreign Assets Control said payment demands could include cash, digital assets, offsets, informal swaps, in-kind payments, charitable donations, or payments at Iranian embassies. It added, “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.In response to Iran’s actions, the US imposed a naval blockade on April 13, preventing Iranian tankers from leaving and cutting off oil revenue. The US Central Command said 45 commercial ships have been ordered to turn around since the blockade began.The escalation has further strained global energy markets, pushing up prices and causing shortages linked to oil supply routes passing through the region.As tensions continue, US President Donald Trump also rejected Iran’s latest proposal to end the conflict.“They want to make a deal, I’m not satisfied with it, so we’ll see what happens,” Trump said Friday at the White House. He also said, “It’s a very disjointed leadership,” and added, “They all want to make a deal, but they’re all messed up.”Iran’s state-run IRNA news agency reported that the proposal was delivered to mediators in Pakistan on Thursday night. Talks between the two sides have continued through indirect channels, even as both accuse each other of violating a fragile ceasefire.

Go to Source

Hot this week

Woman, 70, jailed for life for killing sister and stealing Rolex watch in North London

Nancy Pexton A woman has been sentenced to life in prison for killing her sister at a north London flat before taking a valuable watch, the BBC reports. Read More

From ‘Humiliated By Iran’ To ‘Fix Your Broken Country’: A Timeline Of Spat Between Trump, Merz

Washington has a significant military presence in Germany, with over 36,000 active duty troops deployed at bases across the country as of December 2025 Go to Source Read More

How Iran War Pushed A Major Low Cost American Airline Into Shutdown

Spirit Airlines shuts down after 34 years, cancels all flights, cites Iran war fuel costs, stranding thousands and risking 17000 jobs after failed Trump bailout talks. Read More

Kailash Mansarovar Yatra 2026: Routes And All You Need To Know

The Kailash Mansarovar Yatra is scheduled to commence in June 2026 and conclude in August 2026. Read More

BJP-dominant India or … ? Decoding layers of saffron supremacy across country

The political map of India today looks decisive – almost settled. Large parts of the country are under the rule of the BJP or its alliance partners. Read More

Topics

Woman, 70, jailed for life for killing sister and stealing Rolex watch in North London

Nancy Pexton A woman has been sentenced to life in prison for killing her sister at a north London flat before taking a valuable watch, the BBC reports. Read More

From ‘Humiliated By Iran’ To ‘Fix Your Broken Country’: A Timeline Of Spat Between Trump, Merz

Washington has a significant military presence in Germany, with over 36,000 active duty troops deployed at bases across the country as of December 2025 Go to Source Read More

How Iran War Pushed A Major Low Cost American Airline Into Shutdown

Spirit Airlines shuts down after 34 years, cancels all flights, cites Iran war fuel costs, stranding thousands and risking 17000 jobs after failed Trump bailout talks. Read More

Kailash Mansarovar Yatra 2026: Routes And All You Need To Know

The Kailash Mansarovar Yatra is scheduled to commence in June 2026 and conclude in August 2026. Read More

BJP-dominant India or … ? Decoding layers of saffron supremacy across country

The political map of India today looks decisive – almost settled. Large parts of the country are under the rule of the BJP or its alliance partners. Read More

Schools stand where red once reigned

Once listed in intelligence files as a Maoist stronghold, Chukka Tola village in Madhya Pradesh’s Balaghat district has undergone a remarkable transformation—one that did not come through force, but through foresight. Read More

From Accidents To Accountability: SC Declares Road Deaths ‘Governance Failure’, Experts Call For Systemic Fixes

The Supreme Court issued a 13-point directive to the road departments at the Centre and state level for preventing road accidents and related deaths Go to Source Read More

Allahabad HC Rejects Man’s Plea For Namaz On Private Land, Says Right To Religion Not Unlimited

The court observed that private property may be used for limited religious activities, but once it extends to organised congregational activity, the State can exercise control. Read More

Related Articles