U.S. Warns Shipping Companies Against Paying Iran for Safe Passage Through Strait of Hormuz

Sat, 02 May 2026 15:47:00 +0200

The United States has issued a warning to shipping companies that they could face sanctions if they make payments to Iran to ensure safe passage through the Strait of Hormuz. This strategic waterway, at the mouth of the Persian Gulf, handles about 20% of global oil and natural gas trade. The warning from the U.S. Office of Foreign Assets Control highlights concerns over Iran's recent actions, including attacks and threats to ships following a U.S. and Israeli military operation on February 28. Iran has occasionally offered safe passage through routes closer to its coast for a fee, described as a “tollbooth” system. Payments could include cash, digital assets, informal swaps, charitable donations, or transactions through Iranian embassies. In response to Iran’s actions, the U.S. imposed a naval blockade on Iranian ports starting April 13, preventing oil exports and impacting Tehran’s economy. Meanwhile, ongoing tensions include humanitarian and political developments: imprisoned Nobel l