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Iran war live: Iranian parliament advances plans for Hormuz service fees

Draft law says ships of countries permitted to pass through the Strait of Hormuz will pay for services provided by Iran.

ships in the strait of hormuz
Ships are anchored in the Strait of Hormuz, off the coast of Bandar Abbas, Iran on August 10 [Ali Saeedi/Getty Images]
By Adam Hancock and Heba Habib
Published On 24 Aug 2026

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  • The Iranian parliament’s National Security and Foreign Policy Commission has backed a draft law, according to which ships of countries permitted to pass through the Strait of Hormuz will pay for services provided by Iran.
  • US Treasury Secretary Bessent says Washington aims to “sever every economic lifeline” that sustains Iran.