US Warns Shipping Firms on Iran Payments for Sailing Through Hormuz
🔴 Tension RisingDeccan Chronicle2026-05-02
The US has warned shipping companies against making payments to Iran for vessel passage through the Strait of Hormuz, citing sanctions risks. Iran has been demanding fees for routing ships through its territorial waters amid heightened tensions following the conflict with the US and Israel. The US has imposed a naval blockade on Iranian ports, restricting tanker movements.