Iran's parliament security committee has approved new rules for the Strait of Hormuz, imposing a fine equal to 20% of a vessel’s cargo value for unauthorized passage.

INTELLIGENCE SUMMARY

Iran's parliament security committee has approved new rules for the Strait of Hormuz, imposing a fine equal to 20% of a vessel’s cargo value for unauthorized passage. Violating ships could also face temporary seizure until the fine is paid. The judiciary will establish specialized maritime law branches to oversee enforcement. Source: Fars