Iran Activates Blacklist System for Hormuz Non-Compliant Vessels

🚢 HORMUZ — Iran's blacklist catches ships that even touch a non-compliant vessel. 📌 LOOK CLOSER: Tehran mirrors OFAC logic — any vessel cooperating with a blacklisted ship gets listed itself. Insurers, charterers, and port operators face indirect exposure. European firms using ship-to-ship transfers off Fujairah are directly in scope. Iran's toll regime shifts from a tax into a compliance chokepoint with extraterritorial reach.