Iran Announces New Body to Manage Vital Strait of Hormuz

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JAKARTA - Iran's top security agency recently announced the creation of a new body to manage the Strait of Hormuz, a crucial waterway that's been effectively shut down by Tehran.

In a post on its official platform, the Supreme National Security Council shared a statement from the new authority, promising 'real-time updates on #Hormuz Strait operations and the latest developments.'

The Navy of the Islamic Revolutionary Guard Corps also shared the same statement.

The purpose and scope of the new body are unclear, but earlier this month, Iran's English-language TV station, Press TV, stated that the authority was designed to exercise sovereignty over the Strait and regulate ship traffic.

Iran has largely blocked shipments through the vital strait since the outbreak of war with the United States and Israel in February. A fragile ceasefire has been in place since April.

Tehran's control of the waterway has sent shockwaves through global markets and given Iran significant leverage, while the United States has imposed its own naval blockade on Iranian ports.

In peacetime, the pipeline accounts for approximately one-fifth of global oil and liquefied natural gas shipments, as well as vital commodities like fertilizer.

Since the war began, Iran has repeatedly stated that maritime traffic through the strait will not return to its pre-war status.

Last month, Iran announced it had received revenue from tolls on the waterway.

Earlier, the head of the Iranian Parliament's National Security Commission, Ebrahim Azizi, said Iran had prepared a professional mechanism to manage traffic through the strait, which would be announced soon.

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Tag: international, politics, Iran, Middle East conflict, Strait of Hormuz, United States