Brief by Shorts91 Newsdesk / 03:21am on 07 Sep 2026,Monday International
Iran will establish a new “prohibited zone” near the strategic Strait of Hormuz in the coming days, top security chief Mohsen Rezaei said Sunday. The zone will extend beyond the strait into parts of the Persian Gulf, beginning from the US Navy’s blockade line. Rezaei said any ship entering the zone would be placed on Iran’s sanctions list. The announcement comes as the US increases sanctions aimed at pressuring Iran’s economy. Iran also announced a sharp petrol price increase for heavier consumers. The rial has declined further, trading at more than 2.2 million rials per dollar on the black market. Rezaei’s comments come amid tensions surrounding shipping and the strategic waterway.
