OFAC warned that digital asset payments tied to Strait of Hormuz passage can create sanctions exposure. The alert says digital assets do not reduce legal

OFAC warned that digital asset payments tied to Strait of Hormuz passage can create sanctions exposure. The alert says digital assets do not reduce legal

The U.S. warns shipping firms of potential sanctions for paying Iranian tolls in the Strait of Hormuz amid ongoing tensions.

About a fifth of the world's trade in oil and natural gas typically passes through the Strait Of Hormuz.

The warning comes as President Donald Trump said he was "not excited" by Iran's latest proposal for a peace deal.