OFAC tightens the screws in the Strait of Hormuz
The United States Office of Foreign Assets Control (OFAC) dropped a bombshell for shipping companies: if they pay tolls to the government of Iran to cross the Strait of Hormuz, they risk international sanctions. And we’re not just talking about cash—the alert covers digital assets, informal exchanges, and even charitable donations.
The reason? Iran has de facto closed the passage, conditioning the security of the ships to paying for escorts along routes close to its coast. This is not a minor issue: 20% of the world’s oil and natural gas passes through there.
Naval blockade since April
Since April 13, the US has maintained a naval blockade on Iranian ports. According to the US Central Command, as of this Saturday they have already ordered the return of 48 commercial ships that were trying to operate in the area.
“The restriction covers cash transfers, digital assets, informal exchanges and charitable donations.”
I’ve seen enough diplomatic promises broken to know that this is more than a warning. It’s a direct warning: either play by Washington’s rules, or face consequences. For shipping companies, the dilemma is real—risk sanctions or look for alternative routes that make everything more expensive?
What worries me, as a mother who thinks about how this affects real families, is that every decision here has an impact on the price of the gasoline and gas we use every day. But hey, that’s another chapter.




