US Treasury Secretary Bessent Warns Oman Not to Participate in the Hormuz Strait Toll Mechanism

Odaily reported that U.S. Treasury Secretary Bessent warned Oman on Thursday against participating in a toll mechanism that Iran has threatened to impose in the Strait of Hormuz. Bessent wrote: "The U.S. government will not tolerate any attempt to forcibly implement a toll mechanism in the Strait of Hormuz. Oman, in particular, should understand that the U.S. Treasury will impose severe sanctions on any entity or individual—directly or indirectly—assisting with the toll collection in the Strait; any partner willing to act as an accomplice will face punishment."

The Treasury Secretary also called on all countries to resist Iran's efforts to disrupt passage through this critical shipping lane. He concluded: "The days of Tehran intimidating the region and the world are over." (Jinshi)