Iran has introduced a new transit approval system for ships crossing the Strait of Hormuz, tightening its control over one of the world’s most critical oil routes. Under the new rules, vessels must submit detailed ownership, insurance, cargo and route information before receiving authorisation to pass through the waterway. The move comes amid rising tensions between Tehran and Washington over the wider West Asia conflict. While Iran says the system is aimed at security and regulation, the United States has criticised the move and warned shipping firms against making payments for passage. The Strait of Hormuz carries nearly one-fifth of global oil trade.
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