By ADAM SCHRECK
Associated Press
Associated Press
Published: May 2, 2026 astatine 3:05 AM
Updated: May 2, 2026 astatine 4:04 AM
DUBAI, United Arab Emirates (AP) — The United States is informing shipping companies that they could look sanctions for making payments to Iran to safely walk done the Strait of Hormuz.
The alert posted Friday by the U.S. Office of Foreign Assets Control adds different furniture of unit successful the standoff betwixt the U.S. and Iran implicit power of the Strait of Hormuz.
About a 5th of the world's commercialized successful lipid and earthy state typically passes done the strait astatine the rima of the Persian Gulf successful peacetime.
Iran efficaciously closed the strait to mean postulation by attacking and threatening to onslaught ships aft the U.S. and Israel launched a warfare connected Feb. 28. It aboriginal began offering immoderate ships harmless transition by detouring them done alternate routes person to its shoreline, charging fees astatine times for the service.
That “tollbooth” effort is the absorption of the U.S. sanctions warning.
The outgo demands could see transfers not lone successful currency but besides “digital assets, offsets, informal swaps, oregon different in-kind payments,” including charitable donations and payments astatine Iranian embassies, OFAC said.
“OFAC is issuing this alert to pass U.S. and non-U.S. persons astir the sanctions risks of making these payments to, oregon soliciting guarantees from, the Iranian authorities for harmless passage. These risks beryllium careless of outgo method,” it said.
The U.S. responded to Iran's closure of the strait with a naval blockade of its ain connected April 13, preventing immoderate Iranian tankers from leaving and depriving Iran of lipid gross it needs to enactment up its ailing economy.
The U.S. Central Command said 45 commercialized ships person been told to crook astir since the blockade began.
Trump rejects Iranian proposal
The informing came arsenic U.S. President Donald Trump swiftly rejected Iran’s latest connection to extremity the warfare betwixt the countries.
“They privation to marque a deal, I’m not satisfied with it, truthful we’ll spot what happens,” Trump said Friday astatine the White House. He didn't elaborate connected what helium saw arsenic its shortcomings but expressed vexation with the Iranian leadership.
“It’s a precise disjointed leadership,” Trump said. “They each privation to marque a deal, but they’re each messed up.”
Iran’s state-run IRNA quality bureau reported Iran handed implicit its program to mediators successful Pakistan connected Thursday night.
The shaky three-week ceasefire betwixt the U.S. and Iran appears to beryllium holding, though some countries person traded accusations of violations. The standoff is progressively putting unit connected the planetary economy, driving up prices and starring to shortages of substance and different products tied to the lipid industry.
Negotiations continued by telephone aft Trump called disconnected his envoys’ travel to Pakistan past week, the president said. Trump this week floated a caller program to reopen the captious passageway utilized by America’s Gulf allies to export their lipid and gas.
Iranian Foreign Minister Abbas Araghchi has briefed galore of his determination counterparts connected the country's initiatives to extremity the war, according to his societal media. He besides held talks Friday with European Union overseas argumentation main Kaja Kallas, who is successful interaction with the EU’s Gulf partners.
Iran hangs 2 men convicted of spying for Israel
Iran connected Saturday said it hanged 2 men convicted of spying for Israel.
The Iranian judiciary's quality outlet, Mizanonline, identified the men arsenic Yaghoub Karimpour and Nasser Bekrzadeh. It said they were hanged aft the country’s Supreme Court upheld earlier decease sentences.
The quality outlet said Karimpour was accused of sending “sensitive information” to an serviceman successful Israel's Mossad quality agency, portion Bekrzadeh was alleged to person sent details astir authorities and spiritual leaders arsenic good arsenic accusation astir Natanz. The cardinal Iranian metropolis is location to a atomic enrichment installation bombed by Israel and the U.S. past year.
Iran has hanged much than a twelve radical implicit alleged espionage and violent activities successful caller weeks.
China’s U.N. envoy urges Iran to assistance restrictions
Fu Cong, the Chinese ambassador to the United Nations, said Friday that maintaining the ceasefire is “the astir urgent issue,” arsenic good arsenic bringing unneurotic the sides to resume bully religion negotiations “to marque definite that the crushed is laid for reopening of Hormuz.”
Foreign Minister Wang Yi “has been connected the telephone astir constantly” with representatives from each sides, Fu said, adding that China supports Pakistan’s efforts to mediate betwixt the parties.
Fu stressed the basal origin of the tremendous suffering successful Iran and neighboring countries and the increasing turmoil successful the planetary economy, particularly successful processing countries, “is the illegitimate warfare by the U.S. and Israel.”
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Associated Press writers Collin Binkley successful Washington, Nasser Karimi successful Tehran and Edith Lederer astatine the U.N. contributed to this report
Copyright 2026 The Associated Press. All rights reserved. This worldly whitethorn not beryllium published, broadcast, rewritten oregon redistributed without permission.








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