Monday, May 18Monday, May 18Iran has announced plans to introduce a professional mechanism to manage shipping traffic in the Strait of Hormuz, a critical chokepoint for global oil supplies. Tehran’s new system will reportedly allow vessels to pass through the strait if they coordinate with the Iranian military, while excluding ships linked to its adversaries. Al Jazeera reports that Iran is preparing to unveil a "Hormuz toll plan" as part of this strategy, which aims to assert control over maritime movement amid escalating tensions . Additionally, Iran has launched the "Hormuz Safe Insurance Platform", a crypto-based shipping insurance initiative designed to circumvent U.S. sanctions and naval blockades, further complicating maritime operations in the region .
The Strait of Hormuz remains a focal point of military and diplomatic tensions. The U.S. has concluded Operation Epic Fury, a military campaign in the region, and is now shifting efforts toward reopening the strait, according to U.S. House Speaker Mike Johnson . Meanwhile, the UK is preparing a Royal Navy-led mission to secure the strait once active hostilities subside, signaling broader international concern over its accessibility . Senator Lindsey Graham has called for increased U.S. military action in Iran, arguing that the current stalemate in the strait is detrimental to global interests .
In Tehran, Iranian officials continue to face pressure from the U.S. and its allies. President Trump has warned that Iran will face severe consequences if it does not agree to a deal soon, stating that time is running out for negotiations . Israeli Prime Minister Netanyahu, following discussions with Trump, emphasized the need for decisive action against Tehran, framing the conflict as a critical moment for regional stability . Meanwhile, the USS Gerald R. Ford, the U.S. Navy’s largest aircraft carrier, has returned from a 326-day deployment in the Middle East, marking the longest such mission since the Vietnam War .
> Background: **Iran threatens Strait of Hormuz access amid rising US-Israel tensions** — *19 hours ago*
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