The Islamic Revolution Guards Corps (IRGC) has announced that transit through the Strait of Hormuz will gradually become safe and stable as the security situation in the Persian Gulf improves "with the aggressor's threats neutralized."

The IRGC Navy said in a post on its X account on Wednesday that it had seen a good level of compliance with its regulations from shipping companies and staff seeking to transit the Strait of Hormuz.

It said that Iran would allow a resumption of transit in the key waterway, which is responsible for a fifth of global oil demand, now that threats from the US and the Israeli regime against Iran are subsiding.

“We thank captains & shipowners in the Persian Gulf & Gulf of Oman for complying with Iran’s Strait of Hormuz regulations & contributing to regional maritime security. With the aggressor’s threats neutralized & new protocols in place, safe, stable passage through SOH will be ensured,” said the post.

It came just two days after Iran was forced to fire missiles and drones to warn US warships seeking to approach the Strait of Hormuz in an attempt to break the country’s control over the waterway.

US President Donald Trump said earlier on Wednesday that he had abandoned a newly announced plan to force Iran to open the Strait.

Iran has restricted passage through Hormuz since the early days of the US-Israeli aggression on its territory in early March, maintaining the restrictions as the US and Israel kept violating the terms of a ceasefire, which was announced more than a month later to stop the aggression.

Sources told Press TV on Tuesday that Iran was introducing a new mechanism allowing ships to pass through designated corridors in the Strait of Hormuz.

That came amid reports that Iran and the US were inching closer to a deal that would allow a permanent end to the aggression and an easing of Iran’s restrictions on passage through Hormuz.

Press TV’s website