Iran will set up a telephone hotline and a coordination centre to quickly resolve incidents in the Strait of Hormuz for an initial 30-day period, parliament speaker and chief negotiator Mohammad Bagher Ghalibaf announced on state television. The move, he said, aims to speed up responses to any problems in the strategically vital waterway through which about 20% of the world’s oil shipments pass.
Ghalibaf told reporters the arrangement could help stabilise the regional economy that depends on oil exports, but stressed the waterway “will never return to its pre-war conditions,” according to AFP. He also reiterated Tehran’s authority to manage the strait “in accordance with those laws and under arrangements established by Iran.”
Separately, Ghalibaf said the signing process to release $12 billion in frozen Iranian assets had been finalised during recent negotiations. The announcements come as Iranian officials seek mechanisms to reduce tensions around the chokepoint while asserting national control over maritime transit and related security arrangements.
(Reporting based on statements by Mohammad Bagher Ghalibaf and AFP coverage.) First published: Jun 23, 2026.