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The Economic Times
The Economic Times
National

Iran plans new Hormuz transit mechanism, says only cooperating nations will benefit

Iran is preparing a new mechanism to manage maritime traffic through the strategically vital Strait of Hormuz, with preferential access for commercial vessels and countries cooperating with Tehran, according to remarks by Ebrahim Azizi, the head of the Iranian parliament’s national security committee reported by Reuters.

The Iranian official said Tehran had prepared a designated route management system for traffic in the Strait of Hormuz and that details of the mechanism would be unveiled soon.

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