Iran launched the Persian Gulf Strait Authority (PGSA) on 05/05/2026, a new government body to regulate transit through the Strait of Hormuz. Tehran also established a framework of updated rules governing vessel passage through the strait.
Unlock the full note to explore:
- The PGSA’s governance;
- The rules of passage in the Hormuz Strait; and
- Iran’s envisioned post-war status of the Strait.
