Iran Proposes 20% Cargo Seizure, Vessel Detention For Violating Strait Of Hormuz Rules

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AI-generated summary of the coverage listed below: Iran’s parliament security panel has approved a bill that would allow the country to seize 20% of a vessel’s cargo and temporarily detain ships that violate its transit rules in the Strait of Hormuz. The proposal comes amid rising tensions with the United States and is not yet law. If enacted, it would give Iran stronger enforcement tools over shipping passing through the strategic waterway. QUOTE: "Iran’s Parliament panel approved proposed penalties for Hormuz transit violations, including 20% cargo seizure and temporary vessel detention" — Times Now

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