Iran Prepares New Rules for Strait of Hormuz Amid US-Iran Ceasefire Proposals

Iran has restricted movement through the waterway since the war began on February 28, affecting nearly 20 per cent of global oil and gas supply. | World News

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Iran's Revolutionary Guards are finalizing plans to enforce new rules in the Strait of Hormuz, a move that comes as the US and Iran receive proposals aimed at ending the conflict.

The Strait of Hormuz has been restricted since the war began on February 28, affecting nearly 20% of global oil and gas supply.

The Iranian authorities' plan for the new Persian Gulf order includes operational preparations by the IRGC naval force, which warns that conditions in the Strait 'will never return to its former status, especially for the US and Israel.'

The remarks came after fresh warnings from US President Donald Trump, who threatened to target Iran's power plants and bridges if the key shipping route is not reopened.

A draft framework to end hostilities has been shared with Iran and the US, which could lead to the reopening of the Strait of Hormuz on Monday.

However, a senior Iranian official said that Iran will not reopen the strait as part of a temporary ceasefire and will not accept deadlines while it studies the proposal.