Iran warned on Sunday that vessels accused of violating its transit rules in the Strait of Hormuz could face penalties including detention or confiscation, signaling potential risks for shipping through one of the world’s most strategically important waterways. In a series of posts on X, Iran’s state-controlled Persian Gulf Strait Authority (PGSA) said vessels that … The post Ships violating Hormuz transit rules could be seized, Iran warns appeared first on Egypt Independent.