Strategic Action Plan for Hormuz and Persian Gulf Security
Iranian Majlis bill mandating rial-only Hormuz fees; incompatible with Iran's own PGSA yuan portal.
Last refreshed: 21 May 2026 · Appears in 1 active topic
Can Iran ban yuan Hormuz payments while its own agency already collects them?
Timeline for Strategic Action Plan for Hormuz and Persian Gulf Security
Passed Majlis National Security Committee; no floor vote scheduled
Iran Conflict 2026: Rial bill, yuan portal, two ships- What does Iran's Majlis Hormuz security bill actually say?
- The 11-article bill passed by Iran's Majlis National Security Committee mandates rial-only passage fees through the Strait of Hormuz, bans vessels from nations Iran calls belligerents, requires war-damage reparations, and enforces compliance through cargo seizure.Source: Mehr News Agency
- Why is Iran's rial-only Hormuz bill incompatible with the PGSA portal?
- Iran's own Persian Gulf Shipping Authority portal, which went live 18 May 2026, accepts yuan and Bitcoin for Hormuz transit fees. The Majlis bill would mandate rial-only payments, outlawing the currency the PGSA portal already uses.Source: Mehr News Agency / PGSA
- Has Iran's Hormuz bill been signed into law yet?
- No. As of 21 May 2026, the bill has passed the Majlis National Security Committee but has no scheduled floor vote. It has not been sent to the president for signature.Source: Mehr News Agency
Background
Iran's Majlis National Security Committee passed an 11-article Strategic Action Plan for Hormuz and Persian Gulf Security in the week of 18 May 2026, reported by Mehr News Agency. The bill mandates that all vessel passage fees through the Strait of Hormuz be collected exclusively in Iranian rial, bans ships from nations that 'participated in the imposed war', requires war-damage reparations before such vessels may transit, and enforces compliance through seizure and 20% cargo confiscation. As of 21 May 2026, no floor vote has been scheduled .
The bill is directly incompatible with the Persian Gulf Shipping Authority portal that went live on 18 May 2026, which accepts yuan and Bitcoin as payment. If the bill passes in its current form, Iran's legislature will have criminalised the currency regime its own enforcement authority already operates. Beijing has been routing transit fees through the yuan channel the bill now seeks to outlaw, creating a structural contradiction between Iran's diplomatic arrangements with China and its domestic legislative process.
The bill reflects hardline Majlis pressure to formalise Iran's wartime leverage over the strait into domestic law. Whether it reaches a floor vote, and whether it would survive presidential signature in its current form, remains unresolved. The rial-only clause is operationally unenforceable in the near term: no major international clearing bank will open rial accounts for vessel operators under current sanctions architecture.
