Iran: Mechanism Ready to Manage Hormuz Strait Traffic, Details to Be Announced Soon
2026-05-16 10:26
Odaily News: The head of Iran's National Security and Foreign Policy Commission announced that Iran is prepared with a mechanism to manage traffic through the Strait of Hormuz along designated shipping routes, with relevant details to be released shortly. Under this process, only commercial vessels and parties cooperating with Iran will benefit. Necessary fees will be collected to cover the professional services provided under the mechanism. The passage will remain closed to operators of the "Freedom Plan." (Jinshi Data)
