Iran introduces a new authority to regulate and control all maritime transit through the strategic Strait of Hormuz amid rising regional tensions. Iran has introduced a new mechanism, the ‘Persian Gulf Strait Authority’, to regulate maritime transit through the strategic Strait of Hormuz, according to Iranian state media. The Wall Street Journal reports that under the system, vessels intending ... [3027 chars]
2026 Copyright © News-Matic.com. All Rights Reserved