Tehran: Iran’s Islamic consultative Assembly Majlis has prepared a draft for possible putting up before the house pertaining to the status of Strait of hormuz in coming days. Member of Majlis, Ali Reza Salimi talking to media confirmed that such a law was on the anvil soon. Explaining the salient features of the draft bill, he told the media that the new law aims at defining new regulations for the security of the shipping channels along the strait, followed promulgation of the relevant fees and charges from the ecological view point and finally how much the fee structure would be for the relevant government agency regarding the collection of the fee and cess for the transit of the ships along the strait.
Given the extra ordinary circumstances along the strait on account of the developments in the region after the assassination of the supreme leader of the Islamic Republic of Iran; Ayatollah Syed Ali Khamenei on February 28, 2026, the closure of the strait was exercised by the IRGC Navy in a bid to sent a strategic message to the US forces in the region. As of now, the strait is managed by the IRGC through an elaborate process, where the countries on friendly terms with the Iranian government are facilitated in the context of their oil tankers.
Given the fact that the Suez canal crisis in 1956 was a flashpoint then and the radical Egyptian state under Jamal Nasser formalized the canal seizure, in the coming days, the legislation once approved will be another landmark in US dealing with a troubled mindset with the local stakeholders, in current case the Iranian clerical government.
