Source: India News Network [India]
“The United States has issued a warning to shipping firms that they risk sanctions if they make payments to Iran for safe passage through the Strait of Hormuz. The alert, released by the United States Office of Foreign Assets Control (OFAC), emphasised that US persons and entities are prohibited from engaging in transactions with Iranian government bodies. It also warned non-US entities that they could face sanctions repercussions if they settle payments to Iran.” (05/03/26)
https://www.indianewsnetwork.com/en/us-sanctions-warning-shipping-firms-paying-iran-tolls-20260503