The US affirmed that deals with Iran to safely sail through the Strait of Hormuz — even those which don’t involve paying a toll — aren’t allowed, as the conflict between the two nations grinds on.
Iran created a new entity called the Persian Gulf Strait Authority to “collect tolls and extort vessels transiting the Strait of Hormuz,” Treasury said in the statement. The US Office of Foreign Assets Control has designated the PGSA “pursuant to our counterterrorism authorities,” and warned that having dealings with it carries sanctions risks.
Payments to — and guarantees from — the Iranian government or the Islamic Revolutionary Guard Corps for safe passage through the Strait of Hormuz would not be authorized, according to the statement.
