The warning heightens risks for the charterers and shipowners whose vessels transit through the Strait of Hormuz, a key waterway for the world's energy shipments. (Aug 24): Iran has issued a warning that vessels violating its arrangements for transiting the Strait of Hormuz could face restrict»»»

Iran has issued a warning that vessels violating ‌its arrangements for transiting the Strait of Hormuz could face restrictions including fines, ⁠detention or confiscation, the Persian Gulf Strait Authority wrote in a post on X. The PGSA, a new body Iran has ‌established ⁠with the aim of managing th»»»

Aug 24 - Iran has issued a warning that vessels violating its arrangements for transiting the Strait of Hormuz could face restrictions, including fines, detention, or confiscation, the Persian Gulf Strait Authority wrote in a post on X. The warning heightens risks for the charterers and shipowners »»»