Iran plans to ban U.S. and Israeli ships from Strait of Hormuz until compensated for war damages
The plan would also impose fees of up to 7% of cargo value on commercial ships sailing under the flag of other nations.
The Iranian parliament is considering legislation that would ban ships linked to the U.S. and Israel, as well as other "hostile countries," from transiting the Strait of Hormuz until Iran is compensated for damages sustained during the war, Iranian state media reported.
The plan would also impose fees of up to 7% of cargo value on commercial ships sailing under the flag of other nations. Failure to comply with the rules, under the law being considered, would result in a fine of 20% of the cargo's value, NPR reported.
Iran said on Wednesday it was nearing an agreement with Oman that would permit its ships to transit approved shipping routes through the strait.
The Trump administration is disputing that the agreements are lawful under international maritime law. An unnamed official told NPR that the Strait of Hormuz is an international waterway, meaning that any ships transiting temporary routes couldn't be subject to tolls or other charges.