An Iranian parliamentary committee is reviewing a preliminary bill that would bar U.S., Israeli and other "hostile" vessels from transiting the Strait of Hormuz, Iran's semi-official Fars news agency reported, citing a lawmaker.The draft bill would impose fines of up to 20% of a ship's cargo value for violations of the proposed restrictions.The lawmaker said the legislation was still under expert review and that parliament had invited specialists to submit recommendations before the draft is finalised.
Iran reviews draft bill proposing fines of up to 20% to bar US, Israeli ships from Hormuz
An Iranian parliamentary committee is reviewing a bill to bar hostile vessels from the Strait of Hormuz. This preliminary legislation proposes significant fines for any ships violating these new restrictions. The draft bill is currently undergoing expert review and recommendations are being sought. Specialists have been invited to submit their suggestions before the draft is finalized. This proposed measure could impact international maritime transit through a vital waterway.
76 words~1 min read
