Iran parliament reviews Strait of Hormuz transit bill with 20% fines

Draft measure would bar ships tied to the United States, Israel and other hostile countries, restrict Israel-linked cargo and impose penalties of up to 20% of cargo value.

Summary

Iran's parliament is reviewing a draft bill that would tighten control over transit rules in the Strait of Hormuz and the Persian Gulf. The proposed measures would ban passage for ships linked to the United States, Israel and other hostile countries, restrict the transport of military and civilian cargo related to Israel, limit vessel traffic connected to operations against the "Axis of Resistance," and deny navigation access to entities that should pay compensation to Iran. Violations could be punished with fines of as much as 20% of cargo value. The proposal remains under review and has not been approved, Fars News reported.

Terms & Concepts
  • Strait of Hormuz: Narrow waterway connecting the Persian Gulf to major shipping routes.
  • Axis of Resistance: Iran-aligned regional network opposed to Israel and the United States.