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Iran will announce Strait of Hormuz mechanism, collect fees, Iranian MP says

Iran will announce Strait of Hormuz mechanism, collect fees, Iranian MP says

Posted on May 16, 2026 By admin


Vessels in the Strait of Hormuz, Musandam, Oman. File.
| Photo Credit: Reuters

Iran ​has prepared ‌a mechanism to ​manage ⁠traffic through the Strait of ‌Hormuz along a designated ‌route ‌that ⁠will be ⁠unveiled soon, the head of ​the Iranian ‌parliament’s national security committee Ebrahim Azizi said ‌on Saturday (May 16, 2026).

Iran-Israel war updates on May 16, 2026

Mr. Azizi ​added that only ⁠commercial vessels and parties cooperating ‌with Iran would benefit from the arrangement. ‌He said fees would ​be collected for ⁠specialised services provided under ⁠the mechanism. 

Published – May 16, 2026 04:40 pm IST



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