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Iran Parliament Begins Process on Strait of Hormuz Management Plan

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WEB DESK

Iran parliament management plan has been officially introduced to regulate the Strait of Hormuz more strictly. Lawmakers started the approval process this week in Tehran.

The Iranian parliament’s security committee has approved a proposal to impose tolls on ships passing through the strait. The move is part of efforts to tighten control over the waterway that carries a large share of the world’s oil supply.

Under the Iran parliament management plan, the government would collect fees in local currency from vessels that transit the strait. The proposal also includes stronger security measures and environmental protections.

The plan bans vessels from countries that have imposed sanctions on Iran. This includes a prohibition on ships from the United States and Israel.

Officials say the fees will help fund regional development and cover costs of guiding services for ships. The plan has drawn both support and criticism internationally.

The Strait of Hormuz is a crucial route for global energy traffic. Any changes in its operation could affect world oil markets and international trade.

WEB DESK

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