Iran is preparing to introduce a new mechanism that would require ships to pay fees before passing through the strategic Strait of Hormuz, amid growing regional tensions involving the United States, Israel and Tehran’s nuclear programme. According to Al Jazeera, senior Iranian politician Ebrahim Azizi, who heads Iran’s parliamentary committee on national security and foreign policy, disclosed that Tehran had already concluded plans for a regulated maritime passage system through the critical waterway.

Iranian outlets with ties to the IRGC have floated the idea that Tehran assert control over undersea fiber-optic cables running under the Strait of Hormuz. Experts say the…

Iran's Deputy Foreign Minister discusses a new protocol for shipping costs in Hormuz amid tensions with neighboring BRICS countries.