Iran to complete the finalization of regulations governing maritime traffic in the strategic Strait of Hormuz
The National Security and Foreign Policy Commission of the Iranian Parliament is currently engaged in developing the comprehensive details of a 12-article legislative plan. This plan aims to establish Iran’s authority over the strategic management and control of the Strait of Hormuz, a vital maritime passage. The commission is meticulously working through the provisions to ensure that the governance and regulation of this crucial waterway fall firmly under Iran’s jurisdiction, reflecting the country’s intent to assert greater oversight and influence in this geopolitically significant region,
Iran has previously announced that Iran has received its first payment from fees charged to foreign vessels passing through the Strait of Hormuz.