Iran Implements 'Safe Passage' System for Strait of Hormuz

Iran is reportedly developing a new 'vetting system' to control ship transit through the Strait of Hormuz, a critical global shipping chokepoint. According to a report by Lloyd's List, only approved vessels may pass through a designated 'safe corridor' once they are vetted and approved by the Iranian Revolutionary Guard Corps (IRGC).

The Strait of Hormuz is a strategically vital waterway, with an estimated 20% of the world's oil supply passing through it every day. Iran has long threatened to block or disrupt shipping in the strait, which could have devastating economic consequences globally.

The new 'vetting system' appears to be Iran's attempt to assert greater control over the critical maritime chokepoint, while potentially avoiding outright closure or disruption that could provoke a major international response. By selectively allowing 'approved' ships to transit, Iran may be seeking to leverage its geographic position to extract political or economic concessions.

The details of the proposed 'vetting system' remain unclear, but Lloyd's List reports that ships would need to submit information about their cargo, crew, and other details to the IRGC for review before being granted passage through the 'safe corridor'.

The move comes amid heightened tensions in the region, with Iran and the United States engaged in an ongoing standoff over Iran's nuclear program and regional influence. The potential disruption of shipping through the Strait of Hormuz could have significant global economic implications, making Iran's new 'vetting system' a concerning development worth close monitoring.