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International transit agreement

Iran Strait of Hormuz Transit Policy

Analysis based on 6 articles · First reported Mar 24, 2026 · Last updated Mar 25, 2026

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General
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The new transit policy by Iran for the Strait of Hormuz, a critical energy route, is expected to increase volatility in international oil and liquefied natural gas markets due to potential supply disruptions. The explicit exclusion of vessels linked to the United States and Israel could escalate geopolitical tensions, further impacting global trade and shipping industries.

Oil and gas Shipping International trade

Iran has informed the International — United Nations Security Council and the International — International Maritime Organization of a new policy for transit through the Strait of Hormuz. According to the note, 'non-hostile vessels' may pass through the strait if they coordinate with Iranian authorities and comply with safety regulations. However, Iran explicitly stated that vessels, equipment, and assets belonging to or associated with the United States or Israel, as well as other participants in what Iran describes as aggression, will not qualify for innocent or non-hostile passage. This development comes amid an escalating conflict between Iran and US-Israel forces, which has already significantly disrupted global energy flows, impacting about one-fifth of the world's oil and liquefied natural gas shipments. The new policy aims to prevent aggressors from exploiting the Strait of Hormuz for hostile operations against Iran, raising concerns about global energy supply stability and further market volatility.

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