Iran parliament panel approves plan to impose tolls on Strait of Hormuz amid West Asia conflict

Iran's Parliament Security Committee on Monday (local time) approved the Strait of Hormuz Management Plan, which includes measures to impose tolls on vessels passing through the strategic waterway, as reported by Iranian state media, Islamic Republic of Iran Broadcasting (IRIB). According to the IRIB, a member of the National Security Commission announced that the plan was formally approved, detailing key areas of focus, including security arrangements for the Strait, ship safety, environmental protection, financial arrangements, and the implementation of a rial-based toll system.