
Iran's parliamentary Security Committee has approved a plan to regulate and impose taxes on ships passing through the Strait of Hormuz, a strategic waterway through which about a fifth of the world's oil supply passes, a committee member announced.
The commission's plan is to enforce Iran's sovereign role and that of its armed forces, Iranian state television of the Islamic Republic of Iran (IRIB) said on Monday.
The plan outlines several key elements aimed at strengthening Iran's control and surveillance of the strait, including security arrangements to protect the waterway, measures to ensure the safety of maritime navigation, and financial regulations and taxes denominated in rials for ships passing through it, and a ban on passage for ships belonging to the United States and Israel.
The Strait of Hormuz is currently the focal point of a continuing conflict that began on February 28 when the United States and Israel jointly attacked Iran.
Iran's closure of the strait through threats and attacks on ships has blocked approximately 15 million barrels of crude oil per day in the Persian Gulf, causing major volatility in global oil markets.
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