Tehran, June 19 -- Iran's top security body has announced that it has issued the order for the swift handling of requests by vessels for passage through the Strait of Hormuz in line with meeting the objectives of a newly-signed memorandum of understanding (MoU) between Tehran and Washington.

Iran's Supreme National Security Council (SNSC) made the announcement in a statement carried by Iranian media hours after Iranian President Masoud Pezeshkian and his U.S. counterpart Donald Trump signed the MoU, electronically.

The SNSC said under the MoU, no fee will be charged for 60 days for passage by ships requesting to cross the Strait of Hormuz, and all the expenses will be covered by the Iranian government.

Vessels seeking to transit the wate...