[Iranian Official: Hormuz Strait Traffic Management Mechanism Developed by Iran to Be Announced Soon] Golden Finance reported that on May 16 local time, Aziz, Chairman of the Iranian Parliament's National Security Committee, stated on social media that within the framework of safeguarding national sovereignty and ensuring the safety of international trade, Iran has developed a professional traffic management mechanism for the Hormuz Strait and will officially announce it soon. This mechanism will only be open to merchant ships and related parties cooperating with Iran. Iran will charge necessary fees in exchange for the professional services provided through this mechanism. The route will remain closed to participants of the U.S. "Freedom Plan." (CCTV News)