Iran details Hormuz transit bans, fees

The head of the Iranian Parliament's Development Commission has outlined a detailed management plan for the Strait of Hormuz, escalating Iran's control over the strategic waterway. The plan includes an absolute ban on the passage of any vessel or cargo belonging to or linked with Israel, as well as vessels from countries deemed hostile or that take actions against the 'Resistance front'. All other vessels would require authorization and must pay fees for 'guidance, monitoring, and security provision' in Iran's national currency, the rial. The financial revenues would be allocated to strengthening national defense, infrastructure development, and supporting the population's livelihood.