TEHRAN, April 16 (Xinhua) - A member of the Presidium of the Iranian Parliament said on Thursday that Iran seeks a "regulatory role" in the Strait of Hormuz, rather than creating "disruption or extortion," according to the ISNA News Agency.

Current revenue from managing maritime traffic in the Strait of Hormuz is estimated to be between 10 billion U.S. dollars to 15 billion dollars, the member of the presidium said.

This photo taken on April 11, 2026 shows a billboard for the U.S.-Iran talks in Islamabad, Pakistan. U.S. President Donald Trump said on April 14, 2026 that talks with Iran could resume in Pakistan within the next two days, according to media reports. (Photo: Xinhua)