PANews May 2 news, the Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury has issued a document warning that recently Iran has demanded passing ships pay a "toll" to ensure safe passage through the Strait of Hormuz, including forms such as fiat currency, digital assets, offset transactions, physical payments, and donations in the name of the Iranian Red Crescent Society, Bonyad Mostazafan or Iranian embassy accounts, which may violate U.S. sanctions against Iran and the Iranian Islamic Revolutionary Guard Corps (IRGC). OFAC emphasized that U.S. individuals and U.S.-controlled foreign entities generally should not conduct transactions with the Iranian government, IRGC, and Iranian digital asset exchanges. Non-U.S. entities participating in related payments or assisting the Iranian financial sector may also face secondary sanctions or civil and criminal liability, and it is recommended that shipping and maritime service providers conduct enhanced due diligence on vessels passing through Iranian waters or docked at Iranian ports.

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