The Persian Gulf Strait Authority's published terms required every vessel to hold a PGSA passage permit and PGSA-approved 'Hull War Voyage Insurance' as conditions of transit, with Iran covering premiums during the 60-day MOU window while laying groundwork for future fees; OFAC warned on May 1 that payments to Iran for strait passage expose US and non-US persons to sanctions risk, so PGSA payments would put Western shipowners and insurers in sanctions jeopardy.
Computed, not asserted — every number here is derived from public data: official EIA Brent closes via FRED, IMF PortWatch transit counts, Polymarket and Kalshi odds, and source-linked curated events. Method and caveats · Atom feed · llms.txt