- Iranian parliamentary committee is reviewing a preliminary bill that would bar U.S., Israeli and other 'hostile' vessels from transiting the Strait of Hormuz, according to Iran's semi-official Fars news agency.
- The draft bill would impose fines of up to 20% of a ship's cargo value for violations of the proposed restrictions.
- Iranian Deputy Foreign Minister Kazem Gharibabadi stated that the U.S. is ready to 'return to commitments,' but noted that negotiations on navigation are with Oman, not the U.S.
- Iranian Foreign Ministry spokesperson Esmail Baghaei indicated that a deal is close provided that 'some third parties do not obstruct work in this regard.'
- A deal to reopen the Strait of Hormuz appears close, but Iranian media reports that it excludes U.S. and Israeli ships from transiting.
- The legislation is still under expert review and parliament has invited specialists to submit recommendations before the draft is finalized.
- Iran will issue penalties of up to 20% of the value of the vessel's cargo if the new rules are violated.
- Gharibabadi mentioned that current negotiations involving navigation through the waterway are taking place between Iran and Oman, with no negotiations with the U.S. having taken place during this period.
An Iranian parliamentary committee is currently reviewing a draft bill aimed at prohibiting U.S. and Israeli vessels from transiting the Strait of Hormuz. The proposed legislation includes fines of up to 20% of a ship's cargo value for violations, as reported by Iran's semi-official Fars news agency.13578
The lawmaker involved stated that the bill is still under expert review, with parliament inviting specialists to submit recommendations before finalization. The deal to reopen the strait appears close but explicitly excludes American and Israeli ships, indicating a significant geopolitical maneuver by Iran.6
Iranian officials have indicated that countries and individuals responsible for damaging Iran would also be barred from passage until compensation is made. Iranian Deputy Foreign Minister Kazem Gharibabadi mentioned that the U.S. is prepared to return to commitments, likely referring to a memorandum of understanding from mid-June that allowed for the passage of ships through the strait without fees for 60 days.
Gharibabadi also noted that negotiations regarding navigation are ongoing between Iran and Oman, with no direct talks with the U.S. during this period. He emphasized that an understanding about navigation is close to being finalized, as Tehran seeks to adapt to current conditions affecting its national security. Iranian Foreign Ministry spokesperson Esmail Baghaei added that a deal is near, contingent on the absence of interference from third parties.4
“The draft bill would impose fines of up to 20% of a ship's cargo value for violations, and Iranian Deputy Foreign Minister Kazem Gharibabadi says the US is ready to 'return to commitments,' though negotiations are with Oman, not the US. The plan has not been publicly confirmed by Iran, and the White House has not commented.”
