Iran's plan for the Strait of Hormuz aims to block U.S. and Israeli ships, according to Iranian state news outlet Fars. The U.S. quickly rejected these terms, stating that "temporary routes will be without any impediment":
Iran plans to impose penalties of up to 20% on those who violate these terms:
U.S. officials noted that the Strait of Hormuz is an international waterway, and no party can control the lanes:
Iran and Oman are close to finalizing an agreement that will allow shipping through the Strait of Hormuz without fees:
