Iranian parliamentary committee reviews draft bill to bar US, Israeli ships from Hormuz, Fars says

Vessels in the Strait of Hormuz, as seen from Musandam, Oman, July 31, 2026. REUTERS/Stringer — Stringer Aug 6 (Reuters) - An Iranian parliamentary committee is reviewing a preliminary bill that would bar U.S., Israeli and other "hostile" vessels from transiting the Strait of Hormuz, Iran's semi-official Fars news agency reported, citing a lawmaker.The draft bill would impose fines of up to 20% of a ship's cargo value for violations of the proposed restrictions.The lawmaker said the legislation was still under expert review and that parliament had invited specialists to submit recommendations before the draft is finalised. (Reporting by Parisa Hafezi. Editing by Mark Potter) AL-MONITOR All-Access gives you unlimited access to all our journalism, the full Daily Briefing, exclusive interviews, premium newsletters, and live events — for less than $2/week.