Iran is preparing legislation to charge ships for “secure passage” through the Strait of Hormuz, according to state-aligned media, formalizing oversight of the key shipping corridor. Lawmakers aim to finalize the bill within days. The move comes as traffic through the strait has largely stalled amid the conflict with the US and Israel, disrupting global energy flows. The Islamic Revolutionary Guard Corps has warned vessels tied to US and Israeli allies would be barred, reinforcing threats that t

Iran is preparing legislation to charge ships for “secure passage” through the Strait of Hormuz, according to state-aligned media, formalizing oversight of the key shipping corridor. Lawmakers aim to finalize the bill within days. The move comes as traffic through the strait has largely stalled amid the conflict with the US and Israel, disrupting global energy flows. The Islamic Revolutionary Guard Corps has warned vessels tied to US and Israeli allies would be barred, reinforcing threats that the waterway is effectively closed.