Iran Claims Authority Over Strait Of Hormuz

Iran’s Parliament Speaker Mohammad Bagher Ghalibaf on Monday reaffirmed that Tehran will administer the Strait of Hormuz in accordance with international law, as the U.S.

Treasury issues a 60-day license to export Iranian oil.

Ghalibaf Says Iran Will Administer Strait Of Hormuz The Iranian Parliament Speaker said that the administration of the Strait of Hormuz will “never” go back to the pre-war status quo, according to a report by the Iranian news agency IRNA. “Iran will administer the Strait of Hormuz,” Ghalibaf said.

Read Also: Trump's Iran Deal Framework Reportedly Includes $300 Billion Private Fund: Here's Some Of What Tehran Might Get Once Final Agreement Is Signed According to the Memorandum of Understanding (MoU) signed by Washington and Tehran, the administration of the Strait of Hormuz would be at the discretion of Iran and Oman.

At the same time, ships would be allowed to pass through the waterway free of charge for 60 days.

Scott Bessent Issues 60-Day Export License Meanwhile, Treasury Secretary Scott Bessent took to the social media platform X on Monday, sharing the news that the U.S. had issued “a temporary 60-day general license authorizing the production, delivery, and sale of Iranian oil.” Bessent said that the decision came after “productive talks in Switzerland,” where Iran has committed to “free and open transit in the Strait of Hormuz ,” the Treasury Secretary said.

He also echoed Vice President JD Vance ‘s earlier comments about Iran permitting inspectors from the International Atomic Energy Agency (IAEA) into their country.

Under President @realDonaldTrump and @VP , we continue to make the world safer and more prosperous.

In line with the ongoing productive talks in Switzerland, Iran has committed to free and open transit in the Strait of Hormuz and to permit International Atomic Energy Agency… — Treasury Secretary Scott Bessent (@SecScottBessent) June 22, 2026 Iran Denies IAEA Visit However, Iran’s Foreign Ministry spokesperson Esmaeil Baqaei reacted to Vance’s comments in a report by the news agency IRNA on Monday.

Baqaei said that “Iran’s interactions with the Agency, in accordance with Iran’s obligations under the Safeguards Agreements, will continue according to existing procedures.” Read Also: Trump Warns US May Charge Tolls In Strait Of Hormuz If Iran Peace Deal Collapses He added that the interactions would also continue in compliance with the regulations decided upon by Iran’s Parliament as well as the Supreme National Security Council.

The report also cited unnamed sources familiar with the matter, saying that there were no discussions on the nuclear issue during the 18-hour negotiations and that Iran had not agreed to new commitments.

IAEA Access Suspended Notably, Iran had suspended IAEA access to its sites that were bombed by Israel and the U.S. during last year’s 12-day war (June 13 to June 24) that took place following Israeli strikes on Iran’s military and nuclear facilities.

The agency also pulled out its inspectors from the country in July last year.

The country’s parliament had passed a law last year to suspend cooperation with the agency until the safety of its nuclear facilities could be guaranteed.

Read Also: Trump's Iran Agreement May Reopen Hormuz, But World's Largest Tanker Owner Warns Traffic Could Take Weeks To Return To Normal Check out more of Benzinga’s Future Of Mobility coverage by following this link.

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