Tehran: Iran has prepared a draft plan to regulate navigation through the Strait of Hormuz, including restrictions on certain vessels, Ali Nikzad, the country's deputy parliament speaker, announced on Saturday.

According to Anadolu Agency, the draft stipulates that Israeli vessels will be prohibited from passing through the Strait of Hormuz. Additionally, ships from countries deemed hostile would be denied transit permits unless they compensate for war-related damages.

Other vessels would need to obtain authorization from Iran under a law set to be approved by parliament. Nikzad emphasized that this legislation would align with international law and respect the rights of neighboring states. He stated that Iran will not relinquish its rights in the Strait of Hormuz and that vessel traffic would differ from pre-war conditions. Nikzad likened Iran's proposed management of the strait to the nationalization of the oil industry.

The recent conflict between the US, Israel, and Iran over Iran's nuclear program and perceived threats led to military actions and the closure of the Strait of Hormuz, a critical global oil and gas route. A ceasefire was announced on April 8, mediated by Pakistan, followed by discussions in Islamabad on April 11, though no agreement has been reached. While the truce remains, efforts to secure a permanent resolution are ongoing.

US President Donald Trump recently expressed dissatisfaction with Iran's approach, stating, "Iran isn't coming through with the kind of deal that we need to have."