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US Warns of Sanctions for Hormuz Transit Arrangements | Collector
US Warns of Sanctions for Hormuz Transit Arrangements
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US Warns of Sanctions for Hormuz Transit Arrangements

[International] : The United States government has warned that shipping companies could face sanctions for paying Iran to secure safe passage through the Strait of Hormuz. According to the Associated Press, the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) issued an alert Saturday cautioning that ... [more...]

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