Iran warned Tuesday that vessels belonging to any country or company accepting compensation from frozen Iranian assets would no longer be allowed to transit the Strait of Hormuz, Anadolu reports. I…

Trump announces US will use frozen Iranian assets to compensate shipping companies for Strait of Hormuz damages, escalating the financial front

Iran threatens to block the Strait of Hormuz over frozen assets. US charges for passage by July 31 at 0.4% YES.