Iran has introduced a new policy to tighten control over the Strait of Hormuz, one of the world’s most critical maritime routes. Under the ‘Vessel Information Declaration’ system, every ship passing through the strait must now obtain clearance from the newly formed Persian Gulf Strait Authority (PGSA). According to a document obtained by CNN, vessels are required to complete a form answering 42 questions, including details about ownership, crew nationality, and cargo. The PGSA stated that approvals will be issued via email upon verification of accurate information, while applicants will bear responsibility for any errors.
Iran’s Supreme Leader Mojtaba Khamenei said on his Telegram account that the move aligns with the “Strong Iran” strategy, emphasizing that foreign powers have no place in the region. He urged the use of the Strait of Hormuz as a strategic tool to shape a new regional and global order.
The policy has already affected global energy markets, with oil prices in the United States reaching a four-year high. Lloyd’s List reported that ship traffic through the strait dropped from an average of 120 vessels per day before the conflict to only 40 in the week ending May 3. Analysts suggest Iran may impose tolls of up to $2 million per ship, though the U.S. Treasury has warned that any American entity paying such tolls would violate sanctions.
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