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Iran Sets Hormuz Permit Rules, Threatens Closure Until US Exit

6/20/2026

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Story summary
  • Iran’s new Persian Gulf Strait Authority issued permit rules and announced future transit fees for ships crossing the Hormuz channel.
  • The Islamic Revolutionary Guard Corps (IRGC) warned vessels to stay away, saying the strait will remain closed until U.S. forces leave the Persian Gulf and Israel withdraws from Lebanon.
  • Analysts said Iran’s ability to shut the waterway gives it leverage to threaten global energy markets until the regime is neutralized.