shipping
5 articles

Treasury hits 19 vessels, Amin Exchange in Iran sanctions tranche
Treasury and State on May 22 designated 19 ships, money-changer Amin Exchange and a UAE-Turkey-Hong Kong front network — the financial leg of the Economic Fury campaign.

Iran Seizes 'Floating Armoury' Ship, Demands Hormuz Compliance
Iran has seized a vessel described as a floating armoury near UAE waters and warned all ships entering the Strait of Hormuz must cooperate with its navy.

Iran Launches Hormuz Toll Agency, Charges $2M Per Ship
Iran's new Persian Gulf Strait Authority demands up to $2M per vessel to transit Hormuz, forcing shipping operators into a legal collision with U.S. secondary sanctions.

OFAC Warns: Paying Iran's Hormuz Crypto Toll Triggers Sanctions
Treasury's OFAC issued a May 1 alert warning that any payment to Iran for Hormuz transit — fiat, crypto, stablecoins, or informal swaps — exposes both US and non-US persons to sanctions.

What are the Houthis, and why do they matter to the Iran cycle?
The Yemeni Shia movement that controls the Bab el-Mandeb chokepoint and has rerouted global shipping. The basics, the Iran connection, and why the Red Sea is the second front of every Iran flare-up.