US Treasury warns payments for vessel passage through Strait of Hormuz risk violating sanctions
The US Treasury has issued a warning regarding payments for vessel passage through the Strait of Hormuz, indicating that such payments may violate sanctions. The alert specifically mentions that payments made in various forms, including digital assets, could trigger sanctions against those involved. This move highlights the increasing scrutiny on financial transactions related to Iran's toll system for maritime navigation.
- ▪The US Treasury's alert covers a wide range of payment types, including fiat currency and digital assets.
- ▪Iran has been imposing transit tolls on vessels, charging approximately $1 per barrel of oil.
- ▪The alert indicates that US persons are prohibited from making these transactions, while non-US persons face secondary sanctions.
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US Treasury warns payments for vessel passage through Strait of Hormuz risk violating sanctions OFAC's new alert explicitly names digital assets among payment methods that could trigger sanctions for anyone paying Iran's transit tolls. Share Add us on Google by Editorial Team May. 23, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); The US Treasury just put the global shipping industry, and anyone touching digital assets, on notice.
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