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Economy

Iran Turned Its Hormuz Paperwork Into A Sanctions Problem

A tanker transits the Strait of Hormuz while a compliance officer reviews shipping paperwork on a laptop
TL;DR

Iran's Hormuz paperwork now asks insurers and banks whether a ship bought sanctioned safe passage.

MSM Perspective

Windward and OFAC frame the transit mechanism as a maritime compliance and sanctions problem.

X Perspective

X treats the PGSA paperwork as proof Iran already controls the Strait.

8 min read

The Wire — May 19