Key Facts

• The U.S. issued a warning that paying fees or tolls to Iran for passing the Strait of Hormuz could lead to sanctions.
• Iran controls the Strait of Hormuz, a key route for about 20% of the world’s oil and liquefied natural gas shipments.
• The U.S. naval blockade of the strait has lasted three weeks amid stalled ceasefire talks with Iran.
• Iran has suggested charging ships tolls for passage; the U.S. rejects this idea.
• Payments to Iran could include currency, digital money, exchanges, or donations even to groups like the Iranian Red Crescent Society.
• Both Iran’s government and the Islamic Revolutionary Guard Corps are under U.S. sanctions.
• Iran reportedly sent a new ceasefire proposal to the Trump administration, but the White House did not confirm receiving it.
• Both the U.S. and Iran have mostly stopped attacks since a tentative April 7 agreement but negotiations remain slow.