DUBAI, United Arab Emirates (AP) – The United States has issued a cautionary notice to maritime operators, indicating potential sanctions for any financial transactions made to Iran for safe navigation through the Strait of Hormuz.
The advisory released on Friday by the U.S. Office of Foreign Assets Control (OFAC) intensifies the ongoing tensions between the U.S. and Iran concerning jurisdiction over the Strait of Hormuz.
This vital waterway, located at the entrance to the Persian Gulf, sees about 20% of the world’s oil and natural gas trade flow through it during times of peace.
Following the U.S. and Israel’s military actions beginning on February 28, Iran disrupted regular traffic through the strait by targeting vessels and issuing threats. Subsequently, Iran started to offer select ships safe passage via alternative routes nearer to its coast, occasionally imposing fees for this service.
The U.S. sanctions alert specifically addresses this “tollbooth” initiative.
According to OFAC, these payment requests may encompass not just cash but also include “digital assets, offsets, informal swaps, or other in-kind payments,” such as charitable contributions and payments made at Iranian diplomatic missions.
“OFAC is issuing this alert to warn U.S. and non-U.S. persons about the sanctions risks of making these payments to, or soliciting guarantees from, the Iranian regime for safe passage. These risks exist regardless of payment method,” it said.
The U.S. responded to Iran’s closure of the strait with a naval blockade of its own on April 13, preventing any Iranian tankers from leaving and depriving Iran of oil revenue it needs to shore up its ailing economy.
The U.S. Central Command said 45 commercial ships have been told to turn around since the blockade began.
The warning came as U.S. President Donald Trump swiftly rejected Iran´s latest proposal to end the war between the countries.
“They want to make a deal, I´m not satisfied with it, so we´ll see what happens,” Trump said Friday at the White House. He didn’t elaborate on what he saw as its shortcomings but expressed frustration with the Iranian leadership.
“It’s a very disjointed leadership,” Trump said. “They all want to make a deal, but they’re all messed up.”
Iran’s state-run IRNA news agency reported Iran handed over its plan to mediators in Pakistan on Thursday night.
The shaky three-week ceasefire between the U.S. and Iran appears to be holding, though both countries have traded accusations of violations. The standoff is increasingly putting pressure on the global economy, driving up prices and leading to shortages of fuel and other products tied to the oil industry.
Negotiations continued by phone after Trump called off his envoys’ trip to Pakistan last week, the president said. Trump this week floated a new plan to reopen the critical passageway used by America’s Gulf allies to export their oil and gas.
Iranian Foreign Minister Abbas Araghchi has briefed many of his regional counterparts on the country’s initiatives to end the war, according to his social media. He also held talks Friday with European Union foreign policy chief Kaja Kallas, who is in contact with the EU´s Gulf partners.
Iran on Saturday said it hanged two men convicted of spying for Israel.
The Iranian judiciary’s news outlet, Mizanonline, identified the men as Yaghoub Karimpour and Nasser Bekrzadeh. It said they were hanged after the country’s Supreme Court upheld earlier death sentences.
The news outlet said Karimpour was accused of sending “sensitive information” to an officer in Israel’s Mossad intelligence agency, while Bekrzadeh was alleged to have sent details about government and religious leaders as well as information about Natanz. The central Iranian city is home to a nuclear enrichment facility bombed by Israel and the U.S. last year.
Iran has hanged more than a dozen people over alleged espionage and terrorist activities in recent weeks.
Fu Cong, the Chinese ambassador to the United Nations, said Friday that maintaining the ceasefire is “the most urgent issue,” as well as bringing together the sides to resume good faith negotiations “to make sure that the ground is laid for reopening of Hormuz.”
Foreign Minister Wang Yi “has been on the phone almost constantly” with representatives from all sides, Fu said, adding that China supports Pakistan’s efforts to mediate between the parties.
Fu stressed the root cause of the tremendous suffering in Iran and neighboring countries and the growing turmoil in the global economy, especially in developing countries, “is the illegitimate war by the U.S. and Israel.”
