"Iran's Foreign Minister Abbas Araghchi stated that the Strait was open, but closed to our enemies, indicating a shift from earlier threats by the IRGC against transiting ships."
"The maritime news service reported that ships must communicate extensive details about ownership and cargo destination to the IRGC in advance of transit through the pre-approved route."
"Traffic through the Strait has plunged 95 percent since the United States and Israel initiated a conflict with Iran, leading to significant repercussions for global energy markets."
Iran is developing a new vetting and registration system for ships in the Strait of Hormuz, transitioning to a selective blockade. Ships must provide detailed ownership and cargo destination information to the Islamic Revolutionary Guard Corps (IRGC) before transit. Several countries, including India and China, are negotiating with Tehran for passage. Traffic through the Strait has decreased by 95% due to recent conflicts, impacting global energy markets. A few ships have managed to transit, primarily flagged to Pakistan, India, or China, despite increased risks of attack.
Read at www.aljazeera.com
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