Source: International Business Times
Vessels are seen anchored in the Strait of Hormuz, off the port city of Khasab on Oman's northern Musandam Peninsula on May 17, 2026. Photo by AFP via Getty Images/Getty The US has cautioned against striking deals with Iran to ensure a safe passage of vessels through the Strait of Hormuz. The US Treasury Department warned that deals with the Islamic Republic to ensure safe passage through the contentious Strait of Hormuz will attract sanctions even if payments are not involved.
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