Iran weighs Hormuz plan banning Israeli and US ships, imposing cargo fines

Iran's parliamentary National Security Committee is reviewing a preliminary "strategic plan for managing the Strait of Hormuz" that would prohibit Israeli and American vessels, as well as Israeli-linked cargo, from the waterway, according to Iran's Tasnim news agency. The proposal also includes imposing heavy fines on violators and demanding compensation from countries deemed responsible for harming Iran. Concurrently, Iran and Oman are negotiating a phased arrangement for maritime traffic through the strait, involving temporary northern and southern corridors before transitioning to a central, jointly managed route. A source familiar with discussions stated, "The fees established for vessels passing through the strait will take the form of different service charges." While a draft agreement between Iran and Oman reportedly exists, it requires final approval from Iranian Supreme Leader Mojtaba Khamenei.