Transcript
By Yongchang Chin and Arsalan Shahla The Iranian parliament is working on a draft bill that would impose a fee on vessels seeking safe passage through the Strait of Hormuz, according to the semi-official Fars news agency. Fars, citing an unnamed lawmaker, said the plan would be finalised next week, and would legally recognise Iran’s oversight of Hormuz, a vital conduit which connects some of the world’s largest oil and gas producers in the Persian Gulf with the wider world. The narrow waterway has been all but closed since US and Israeli strikes on Iran began almost a month ago, and has