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Mainstream Fox News World 1 days ago

China firm gave Iran lifeline to collect Hormuz tolls before pulling plug amid US warning

close Video Former OFAC official warns Chinese tech firms risk US sanctions over services to Iran Lawyer and former OFAC official Jeremy Paner says even limited services to sanctioned Iranian entities could trigger sanction action. NEWYou can now listen to Fox News articles! Iran’s sanctioned Persian Gulf Straits Authority (PGSA) regained secure online access for four days after a Shanghai-based internet security firm provided and then revoked its web credentials, enabling Tehran to vet vessels, collect Strait of Hormuz tolls and operate despite U. S. digital restrictions, global internet monitors said. TrustAsia issued an automated domain-validated certificate, a routine process that verifies control of a website domain through server checks and typically does not involve manual vetting or background checks. S. sanctions experts, including Jeremy Paner, a partner at Hughes Hubbard & Reed, to urge TrustAsia to review its compliance program before offering further services to the IRGC-linked maritime authority — with Paner warning them to act "before it is too late." The PGSA first said its website was disrupted Aug. 10 because of "the enemy's political influence on the internet service provision systems," according to a post on X. IRAN REQUESTS TALKS WITH US AS WHITE HOUSE WARNS 'VIOLENCE WILL BE MET WITH VIOLENCE' Oil tankers and cargo ships line up in the Strait of Hormuz as seen from Mina Al Fajer, United Arab Emirates, Wednesday, March 11, 2026. (Altaf Qadri/AP Photo) NetBlocks CEO Alp Toker told Fox News Digital that the authority had lost its web security credentials after the entity was added to the U. Office of Foreign Assets Control (OFAC) sanctions list on May 27. The loss of standard SSL/TLS certificates, Toker said, made the PGSA website inaccessible using standard browsers. This forced shipping firms to use unencrypted connections that, according to Toker, could leave their data vulnerable to interception. S. sanctions, restoring secure access to its website.  "Iran’s IRGC extorts vessels transiting the Strait of Hormuz through the so-called Persian Gulf Strait Authority," the Treasury Department said in May when designating the entity, adding that the PGSA "spearheads an Iranian-controlled scheme that flagrantly violates international law and U. S. sanctions." "Anyone cooperating with the so-called strait authority may be providing support to and receiving services from the IRGC, which ultimately benefits from this attempted extortion, and may therefore be exposed to sanctions risk," the Treasury Department warned. The Chinese firm bills itself as a "leading and professionally certified certification authority in China with its focus on trusted, secure and cryptographic communications in the digital world." Its mission, it says, is to "Build trust everywhere in the digital world." "Almost all of these root authorities do business with the U.

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