US Says Deals With Iran for Safe Hormuz Transit Are Prohibited

The US affirmed that deals with Iran to safely sail through the Strait of Hormuz — even those which don’t involve paying a toll — aren’t allowed, as the conflict between the two nations grinds on.

“Regardless of whether a payment is made, US persons are prohibited from receiving services from the Government of Iran, including services related to a guarantee of safe passage,” the US Treasury said in an updated statement dated May 29.

Shipping through Hormuz — the vital waterway that connects energy infrastructure inside the Persian Gulf to the rest of the world — has slowed to ...