Key pointsIran has threatened to deny passage through the Strait of Hormuz to vessels whose owners accept compensation from its frozen assets. Main storyIran has threatened to deny passage through the Strait of Hormuz to vessels whose owners accept compensation from the country’s frozen assets, escalating tensions over maritime security in the Gulf. He also claimed that the affected ships had used an illegal and unsafe shipping route south of the Strait of Hormuz. Iran said the restrictions include denying safe passage to vessels linked to the United States and Israel. What’s being said“Iran’s armed forces would deny passage to vessels whose owners accepted the compensation.”