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News Wire / economy

US Prohibits Payments For Hormuz Security Fees

Kommersant FM Washington 17d14d Impact 8

Bloomberg reports that US authorities have initially prohibited the use of Venezuelan funds for specific payment transactions. This move follows ongoing scrutiny regarding the financial flows linked to the Venezuelan administration. The restriction aims to tighten oversight on how Venezuelan assets are utilized in international commerce. The US Treasury Department's Office of Foreign Assets Control issued an explanatory letter on the 28th regarding the Strait of Hormuz. The document prohibits US persons, financial institutions, and all US-owned or controlled foreign entities from making direct or indirect payments to the Iranian government or the Islamic Revolutionary Guard Corps for Hormuz Strait security communication fees. The announcement follows reports of US and Iran military actions regarding the blockade of the Hormuz Strait.

Bloomberg reports that US authorities have initially prohibited the use of Venezuelan funds for specific payment transactions. This move follows ongoing scrutiny regarding the financial flows linked to the Venezuelan administration. The restriction aims to tighten oversight on how Venezuelan assets are utilized in international commerce. The US Treasury Department's Office of Foreign Assets Control issued an explanatory letter on the 28th regarding the Strait of Hormuz. The document prohibits US persons, financial institutions, and all US-owned or controlled foreign entities from making direct or indirect payments to the Iranian government or the Islamic Revolutionary Guard Corps for Hormuz Strait security communication fees. The announcement follows reports of US and Iran military actions regarding the blockade of the Hormuz Strait. The policy aims to prevent the funding of security fees through US-linked channels.

Topics

sanctions finance Venezuela

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Sources · 7 independent

Kommersant FM

“сообщает Блумберг. Изначально американские власти запретили им использовать венесуэльские средства для оплаты.”

CRI News Radio

“美国禁止包括美国个人、金融机构、美国所有或控制的外国实体等,直接或间接,向伊朗政府或伊朗、伊斯兰革命卫队缴纳华尔木兹海峡安全通信费。”

CRI News Radio

“美国财政部下属外国资产控制办公室,28号发布了一份解释信文件称. 美国禁止包括美国个人、金融机构、美国所有或控制的外国实体等,直接或间接,向伊朗政府或伊朗、伊斯兰革命卫队缴纳华尔木兹海峡安全通信费。”

CRI News Radio

“United States Treasury Department's Office of Foreign Assets Control issued an explanatory letter on the 28th, stating that the US prohibits US individuals, financial institutions, and all US-owned or controlled foreign entities from paying Hormuz Strait security fees to the Iranian government or the IRGC.”

CRI News Radio

“US Treasury Department's Office of Foreign Assets Control issued an explanatory letter on the 28th, stating that the US prohibits US individuals, financial institutions, and all US-owned or controlled foreign entities from paying Hormuz Strait security fees to the Iranian government or the IRGC.”

CRI News Radio

“US Treasury Department's Office of Foreign Assets Control issued an explanatory letter on the 28th, stating that the US prohibits US individuals, financial institutions, and all US-owned or controlled foreign entities from paying Hormuz Strait security communication fees to the Iranian government or the IRGC.”

CRI News Radio

“US Treasury Department's Office of Foreign Assets Control issued an explanatory letter on the 28th stating that the US prohibits US individuals, financial institutions, and all US-owned or controlled foreign entities from directly or indirectly paying Hormuz Strait security fees to the Iranian government or the IRGC.”

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