The Treasury Department on Friday warned it will impose sanctions on ships that pay a toll to Iran to pass through the Strait of Hormuz, saying that even charitable donations would be impacted.
The U.S. government is aware of Iranian regime threats to shipping in the waterway and its demands for payments, according to a notice released by the Treasury’s Office for Foreign Assets Control.
“These demands may include several payment options, including fiat currency, digital assets, offsets, informal swaps, or other in-kind payments, such as nominally charitable donations made to the Iranian Red Crescent Society, Bonyad Mostazafan, or Iranian embassy accounts,” the alert stated….
US Treasury Warns Ships Not to Pay Strait of Hormuz Tolls to Iran
