Iran war live: Iranian parliament advances plans for Hormuz service fees

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Draft law says ships of countries permitted to pass through the Strait of Hormuz will pay for services provided by Iran.

Published On 24 Aug 2026

  • The Iranian parliament’s National Security and Foreign Policy Commission has backed a draft law, according to which ships of countries permitted to pass through the Strait of Hormuz will pay for services provided by Iran.
  • US Treasury Secretary Bessent says Washington aims to “sever every economic lifeline” that sustains Iran.
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