Iran: Ready with a mechanism to manage the Strait of Hormuz; details to be announced soon
ME News Report, May 16 (UTC+8), the head of Iran's Parliament National Security Committee announced: Iran has prepared a set of mechanisms to manage traffic through the Strait of Hormuz along designated routes, with details to be announced soon. During this process, only commercial vessels and parties cooperating with Iran will benefit. Necessary fees will be charged to cover the professional services provided under this mechanism. The channel will remain closed to operators of the "Freedom Plan." (Source: PANews)