Flash News

Iran warns that ships that violate the rules of passage in the Strait of Hormuz will face punishment

ON 24 AUGUST, THE IRANIAN GULF STRAITS AUTHORITY (PGSA) RELEASED INFORMATION ON SOCIAL PLATFORMS THAT VESSELS VIOLATING ITS ARRANGEMENTS FOR PASSAGE IN THE STRAIT OF HORMUZ MIGHT FACE PENALTIES, INCLUDING RESTRICTIONS ON MOVEMENT, FINES, SEIZURE OR CONFISCATION. PGA IS THE NEWLY ESTABLISHED AGENCY OF IRAN TO MANAGE THE STRAIT. THE AGENCY INDICATED THAT CARGO OWNERS SHOULD REFER TO AN UPDATED LIST OF NON-COMPLIANT VESSELS WHEN CONDUCTING GULF-RELATED FLIGHTS。

OKX - Unlock Rewards