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US Treasury warns shippers not to pay Hormuz tolls, even in form of charity | Collector
US Treasury warns shippers not to pay Hormuz tolls, even in form of charity
Al Arabiya English

US Treasury warns shippers not to pay Hormuz tolls, even in form of charity

Any shippers paying tolls to Iran for passage through the Strait of Hormuz, including charitable donations to organizations such as the Iranian Red Crescent Society, are at risk of punitive sanctions, the US Treasury warned on Friday.The strait is one of the world’s most strategically vital maritime routes, with about 20 percent of the world’s seaborne crude oil and liquefied natural gas flows passing through it.For all the latest headlines, follow our Google News channel online or via the app.Tehran has proposed fees or tolls on vessels passing through the strait, as part of proposals to end the war with Israel and the United States.The advisory, from Treasury’s Office of Foreign Assets Control, said the US is aware of Iranian threats to shipping and demands for payments to receive safe passage through the strait. The warning came as Iran sent its latest proposal for negotiations with the US to Pakistani mediators, a move that could improve prospects for breaking an impasse in efforts

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