Global News Iran creates new agency to control shipping in Strait of Hormuz while reviewing peace deal with US Source Author May 7, 2026 1 minute readIran has created a government agency to control and tax vessels passing through the Strait of HormuzPost navigationPrevious: America believes Donald Trump would win a fight with an 8-year-old boy – but just barelyNext: Maharashtra Class 10 SSC Result 2026 On May 8 At 1 PM; Here’s How To Check Related Stories Global News Iran-US war latest: Tehran reviews US plan to reopen Strait of Hormuz and end hostilities, reports claim Source Author May 7, 2026 Global News Trump panel recommends slashing FEMA in half and letting states handle disaster response Source Author May 7, 2026 Global News Tenerife resort town awaits hantavirus-hit cruise ship Source Author May 7, 2026