Iran’s parliamentary speaker, Mohammad Bagher Ghalibaf, has asserted the nation’s sovereign rights over the Strait of Hormuz, a vital global shipping lane. Ghalibaf stated Iran is entitled to levy charges on vessels passing through the strait, citing its coastal status. He indicated a permanent shift in the status quo for maritime traffic. This move signals a potential alteration to existing navigation protocols in the region. The announcement comes amid ongoing tensions in the Middle East and international concerns regarding freedom of navigation. The specific fees and implementation details remain undisclosed, but the declaration underscores Iran’s intent to exert greater control over the crucial waterway. This action could impact global oil supply and shipping costs.