Iran is in the process of drafting a regulatory framework aimed at managing the transit of vessels through the strategically vital Strait of Hormuz, according to statements made by the Deputy Speaker of Parliament. This move comes amid heightened geopolitical tensions in the region, where approximately 20% of the world's oil supply passes through this narrow waterway. The proposed regulations could impact shipping routes and oil prices, as any disruptions in this critical passage are closely monitored by global markets. The announcement reflects Iran's ongoing efforts to assert control over its maritime borders and could influence the broader dynamics of energy supply and security in the Middle East. The sentiment surrounding these developments remains cautious, as stakeholders assess the implications for trade and regional stability.