US Treasury Chief Threatens Oman Over Hormuz Tolls

US Treasury Chief Threatens Oman Over Hormuz Tolls (NewsCentral TV) US Treasury Chief Threatens Oman Over Hormuz Tolls (NewsCentral TV)
US) Treasury Secretary Scott Bessent. Credit: People.com.

The United States (US) Treasury Secretary Scott Bessent has threatened to target Oman, an ally, if it helps impose a tolling system in the Strait of Hormuz.

Bessent warned in a post on X on Thursday, saying, “Oman, in particular, should know that the US Treasury will aggressively target any actors involved — directly or indirectly — in facilitating tolls for the Strait and any willing partners will be penalised.”

He stated that the US would “not tolerate any effort to impose a tolling system in the Strait of Hormuz,” a reference to Iranian proposals to do so as part of a potential agreement with Washington.

The major waterway, through which about a fifth of the world’s energy supplies usually commute, has been a flashpoint since the US and Israel launched the war on Iran in late February.

Tehran’s retaliatory actions have engulfed the region in violence and seen Iran virtually block the strait, sending global energy and fertiliser prices soaring.

Iran Offers Hormuz Reopening Without Nuclear Deal (NewsCentral TV)
Strait of Hormuz. Credit: Facebook.

Oman had mediated talks between the United States and Iran in Geneva before the war, and has itself come under attack from Tehran.

Bessent’s threat came hours after the US Treasury sanctioned Iran’s “Persian Gulf Strait Authority,” Tehran’s new agency that collects fees for transiting the strait.

Washington also extended the threat to anyone paying the fees, because they “may be providing support to and receiving services from” Iran’s Revolutionary Guards, and therefore may “be exposed to sanctions risk.”

The United States and Iran accused each other of violating an ongoing truce following an exchange of fire, on Friday, three months after the Middle East war began with a wave of US-Israeli strikes on the Islamic republic.

The latest exchange was the most serious since Washington and Tehran agreed to a ceasefire in April.

The two countries have been holding indirect talks for weeks through mediators in an attempt to end the conflict, but no agreement has been reached so far.

Author

  • Deborah Akwa

    Deborah Akwa is a content writer with over four years of experience creating brand stories, editorial content, and audience-focused articles on topics like health, lifestyle, and entertainment.

    When she isn't writing, she is behind the scenes managing editorial operations and helping the content team work better.

    She loves using words to connect brands with their audiences. Outside of work, she enjoys watching movies and engaging in thought-provoking conversations.

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