New U.S. Treasury sanctions target crypto exchanges and gambling firms tied to Iran and the IRGC across Singapore, Hong Kong, the UAE, Poland, and Georgia. Several Colombian and Mexican individuals linked to drug trafficking and money laundering were removed from the list.
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Qatar Opposes Permanent Hormuz Fees
Qatar's Deputy PM said Doha and Gulf partners oppose permanent Hormuz transit fees but are open to temporary charges tied to mine-clearing. Sheikh Saoud bin Abdulrahman Al Thani, speaking at the Shangri-La Dialogue in Singapore, said fees "...
Qatar's Deputy PM said Doha and Gulf partners oppose permanent Hormuz transit fees but are open to temporary charges tied to mine-clearing. Sheikh Saoud bin Abdulrahman Al Thani, speaking at the Shangri-La Dialogue in Singapore, said fees "will always impact the consumer" but acknowledged temporary, purpose-specific charges are "negotiable."
Qatar is the world's largest LNG exporter, with roughly 70% of its export revenues dependent on the strait. LNG cannot be rerouted through pipelines and must be shipped on specialized tankers, making Hormuz the only viable exit. Doha is also urging GCC members to unify their approach toward Tehran on trade, political, and security fronts.
Hegseth Warns Iran From USS Boxer
During a speech aboard the USS Boxer in Singapore, Defense Secretary Pete Hegseth told U.S. Navy personnel that President Trump warned Iran it could negotiate a deal or face “my guy on the left.” Hegseth pointed to himself, then corrected: “But it’s not me. It’s you guys.”
Non-Iranian Shipping Rises in Hormuz
Non-Iranian shipping through the Strait of Hormuz is up despite the blockade. Vessels flagged in Singapore, the UAE, South Korea and Norway among those exiting the Gulf. - Lloyd's List Intelligence
Pakistan Seeks Singapore Help on Ship
Pakistan asked Singapore to help return 31 crew, 11 Pakistani, 20 Iranian, from a U.S.-seized ship near Singapore.
US Navy Boards Sanctioned Tanker
U.S. naval forces boarded the Botswana-flagged oil tanker M/T TIFANI overnight in the Indo-Pacific. The vessel, sanctioned by the U.S. Treasury for providing material support to Iran, was reported stateless at the time of boarding. It was last tracked in the Indian Ocean after departing Singapore.