TEHRAN -- The Navy of Iran's Islamic Revolution Guard Corps (IRGC) announced on Friday that new regulations for managing the Persian Gulf will be implemented based on a "historic" directive from Iranian Supreme Leader Mojtaba Khamenei.

In a statement made via the social media platform X, the IRGC Navy said that, leveraging its dominance over nearly 2,000 kilometers of Iran's coastline in the Persian Gulf and the Strait of Hormuz, it aims to transform the body of water into a source of income and power for the Iranian people, while promoting security and prosperity in the region.

The announcement came as Iran has tightened its control over the Strait of Hormuz since Feb 28, barring safe passage for vessels belonging to or affiliated with Israel and the United States.

On Feb 28, Israel and the United States launched joint attacks on Tehran and other Iranian cities, resulting in the deaths of Iran's then-Supreme Leader Ali Khamenei, senior commanders, and civilians. In response, Iran carried out waves of missile and drone strikes targeting Israel and US assets across the Middle East, along with energy and civilian infrastructure in several Gulf nations, while asserting strict control over the Strait of Hormuz.

A ceasefire between the parties was reached on April 8.