US charges Hormuz feesThe U.S. Treasury’s Office of Foreign Assets Control has designated two firms allegedly involved in an extortion scheme supported by Iran. This scheme reportedly forces vessels to purchase maritime insurance to transit the Strait of Hormuz. AdvertisementKey TakeawaysThe designation appears consistent with increased U.S. efforts to counter Iran’s maritime activities in the Strait of Hormuz. The broader context of U.S.-Iran tensions seems supportive of a NO outcome for the U.S. implementing Hormuz fees. What to WatchWatch for potential statements from U.S. officials, such as President Donald Trump or Secretary of State Marco Rubio, which could further clarify the U.S. stance on Hormuz fees.