US threatens shipping firms with sanctions if they pay Iran tolls

The US Office of Foreign Assets Control has warned shipping companies that they could face sanctions if they pay Iran for safe passage through the Strait of Hormuz. Iran has severely limited traffic through the strait since the war began, and the US has enforced a naval blockade on Iranian ports. The US has also warned non-US persons that they may risk exposure to sanctions if they pay Iran for passage. Payments could involve various methods, including cash and digital assets.