U.S. rejects Iran Hormuz draft barring American and Israeli ships

Thursday, August 6, 2026Developing

World Desk

Energy markets context amid Hormuz disruption — Illustrative markets chart (site media) — oil/energy context for Hormuz disruption; not a Strait photo

Foreign Policy, 1099 14th St NW, Suite 500 East, Washington, D.C., 20005. Parties would have 30 days to begin de-mining the strait’s median lane, and ships would eventually be cleared to use this route in both directions. The majority of those injured were Saudis, among them a 4-year-old. "The Agreement is intended to strengthen collective deterrence against any act of aggression, and stipulates that any armed attack against any one of the three States shall be regarded as an attack against them all," an online statement from Pakistan's Foreign Ministry said. The Trump administration and Iran's leadership signed a temporary memorandum of understanding in mid-June to stop the war and reopen the strait, but it broke down weeks later amid back-and-forth strikes.

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Updated August 7, 2026 at 7:45 AM PDT Iran's parliament is reviewing a plan to ban ships linked to the U.S., Israel and other "hostile countries" from transiting the Strait of Hormuz until Tehran is compensated for war damage, according to Iranian state media. The plan would impose fees of up to 7% of cargo value on commercial vessels that pass through the strait. It would also fine ships 20% of cargo if they violate Iran's conditions. Iran on Wednesday said it was finalizing an agreement on shipping routes with Oman, a U.S. ally that sits on the other side of the Strait of Hormuz. Iranian state media quoted the Foreign Ministry as saying that ships would enter through the strait's northern

What's confirmed

Foreign Policy, 1099 14th St NW, Suite 500 East, Washington, D.C., 20005.

What's still developing

Further court action and how much of the order can take effect remain open.

Sources

CNBC — Fars draft ban and 20% penalties; U.S. no-impediments rejection; oil reaction; Oman drafting track link
Foreign Policy — Iran–Oman final-stage framing; Fars hardline draft as near-certain U.S. nonstarter; control/toll dispute link
KPBS / NPR — Parliamentary review of U.S./Israel ban and fees; U.S. official no-tolls line; blockade/MOU context link