Iran sets up new Strait of Hormuz managing body amid stalled talks with US
Iran has formed a new body to manage the Strait of Hormuz.
It comes as peace talks with the United States appeared to remain stalled.
It's not clear what the new body will do, but earlier this month Iranian media said vessels seeking transit would have to apply to it for a permit - disclosing ownership, insurance, crew, and cargo.
Iran forms Hormuz transit authority
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