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US Treasury Bars Iran Toll Deals, Warns Sanctions

6/3/2026

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Story summary
  • The U.S. Treasury reiterated that an agreement with Iran for passage through the Strait of Hormuz is prohibited, regardless of payment.
  • The administration warned vessels not to pay Iran’s fees because doing so could trigger sanctions.
  • Iran’s Persian Gulf Strait Authority has received applications from at least 300 non-Iranian vessels for toll-based passage.
  • Iran’s Islamic Revolutionary Guard Corps reported escorting 24 ships through the strait in the past 24 hours.