The Security Committee of the Iranian Parliament has approved new rules for the Strait of Hormuz, imposing a fine equal to 20% of the vessel's cargo value for unauthorized passage.

The Security Committee of the Iranian Parliament has approved new rules for the Strait of Hormuz, imposing a fine equal to 20% of the vessel's cargo value for unauthorized passage.

Violating ships may also face temporary seizure until the fine is paid. The judicial system will establish special branches for maritime law to supervise the enforcement.

Source: Fars