Skip linksSkip to Content Live Navigation menuNewsAfricaAsiaUS & CanadaLatin AmericaEuropeAsia PacificMiddle EastExplainedSportOpinionVideoFeaturesEconomyHuman RightsClimate CrisisInvestigationsInteractivesIn PicturesScience & TechnologyPodcastsTravelSponsored Content Live Navigation menuDonald TrumpTrump, Netanyahu and the Iran questionHow Iran war fallout may shape US electionsA visual guide to redistrictingLive updates, Draft law says ships of countries permitted to pass through the Strait of Hormuz will pay for services provided by Tehran.Ships are anchored in the Strait of Hormuz, off the coast of Bandar Abbas, Iran, on August 10 [Ali Saeedi/Getty Images]By Adam Hancock and Heba HabibPublished On 24 Aug 2026 The Iranian parliament’s National Security and Foreign Policy Commission has backed a draft law stipulating that ships of countries permitted to pass through the Strait of Hormuz will pay for services provided by Tehran. US Treasury Secretary Bessent says Washington aims to “sever every economic lifeline” that sustains Iran ahead of an expected announcement from the US to impose extreme economic sanctions against Iran.
Iran war live: Iranian parliament advances plans for Hormuz service fees
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