Iran announces it will allow 'friendly ships' to pass through the Strait of Hormuz.

Iran has outlined conditions for the transit of "non-hostile vessels" through the Strait of Hormuz, specifying that they must adhere to safety and security regulations in conjunction with the relevant authorities to be granted passage.

The guidelines, as stated, allow "non-hostile vessels" to benefit from safe passage through the strait, provided they do not participate in or support aggressive acts against Iran and comply with the stipulated safety and security regulations.

The International Maritime Organization (IMO) received the statement, dated Sunday, from Iran's foreign ministry, which requested its dissemination to the organization's members and non-governmental organizations (NGOs).

The IMO distributed the communique to member states and NGOs on Tuesday, as per the request.

The statement explicitly excludes vessels and assets belonging to the United States and the Israeli regime, as well as other parties involved in aggression, from qualifying for "innocent or non-hostile passage" through the Strait of Hormuz.

Iran attributes any disruption, insecurity, or escalation of risks in the Strait of Hormuz to the United States and Israel, accusing them of waging an "unlawful and destabilising war" against the country.

The statement further asserts that the United States and Israel have endangered regional peace and stability, exposing international shipping to unprecedented threats.

Since the US-Israeli strikes commenced on February 28, Iran has effectively closed the vital Strait of Hormuz, resulting in a significant surge in global oil and gas prices.