Iran's Parliament Drafting Bill to Impose Fees on Vessels Transiting Strait of Hormuz

Summary

Iran's parliament is drafting a bill to impose fees on ships transiting the Strait of Hormuz to ensure vessel security, while granting transit permissions to selected countries.

Key Points
  • Iran's parliament is preparing a bill to collect fees from ships transiting the Strait of Hormuz.
  • The objective of the bill is to ensure the security of vessels using the route.
  • The fee amount for transit has not yet been determined.
  • Ships from China, Russia, Pakistan, Iraq, and India have been allowed to transit the Strait by Iran.
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