IRAN WEIGHS TOUGHER HORMUZ TRANSIT RULES Iran's parliament is reviewing a draft bill that would tighten transit rules through the Strait of Hormuz and the Persian Gulf. Key proposals include: • Ban vessels linked to the U.S., Israel, and other hostile states • Block military and civilian cargo tied to Israel • Restrict ships linked to actions against the "Axis of Resistance" • Deny passage to parties owing compensation to Iran • Impose fines of up to 20% of cargo value for violations The proposal remains under review and has not been approved.(*Walter Bloomberg)