Iran's Persian Gulf Strait Authority (PGSA) announced on Friday that all vessels transiting the Strait of Hormuz must now submit transit requests at least 48 hours in advance. On social media platform X, the PGSA stated that only ships complying with the requirements will be "cleared for passage promptly." The authority also revealed that fees will be waived for 60 days under the US-Iran memorandum of understanding (MoU), with Tehran covering security, safety, environmental services, and insurance costs. This development comes as the two countries officially enter the countdown to a permanent agreement.