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 Purchase Licensing Rights , opens new tab Companies Hormuz Energy LLC Follow 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. Sign up here. 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 Our Standards: The Thomson Reuters Trust Principles. , opens new tab Suggested Topics: Middle East Governance Exploration & Production Refining Nuclear X Facebook Linkedin Email Link Purchase Licensing Rights