Iran's PGSA says all vessels must hold a valid insurance policy approved by the PGSA and reserves the right to introduce insurance fees in the future, the FT report citing a document

Newsquawk StaffPublished 19 Jun 2026, 11:39 UTCOn the live feed at 11:19 UTC — 1 more headline followed before this page went public

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Iran's PGSA says all vessels must hold a valid insurance policy approved by the PGSA and reserves the right to introduce insurance fees in the future, the FT report citing a document

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The PGSA document also set out the route that ships should take through the strait, giving coordinates for a shipping lane close to the Iranian coast. “Any deviation from or use of alternative routes is strictly prohibited and will be treated as a violation,” the PGSA said.

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