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Trump claims Iran has assured U.S. there won’t be tolls on the Strait of Hormuz

Trump said Iran has assured Washington it will not collect tolls or other charges on ships crossing the Strait of Hormuz.

  • On Wednesday, President Donald Trump insisted Iran won't charge ships for traveling through the Strait of Hormuz, blaming the "troublemaking Fake News" for reporting on Iran's plan to impose fees for "services."
  • The memorandum of understanding between the United States and Iran mandates toll-free passage for 60 days, though the agreement leaves open the possibility of future fees while negotiators define long-term administration of the waterway.
  • Trump asserted that over $100 billion in frozen Iranian assets will remain restricted, with funds exclusively earmarked for purchasing corn, wheat, and soybeans from United States farmers and ranchers.
  • Iranian Ambassador to the UN in Geneva Ali Bahreini disputed Trump's claims on Tuesday, stating "Iran is the only country who decides what to do with those assets." Officials previously mentioned charging for "services."
  • Technical-Level talks involving mediators Pakistan and Qatar will resume next week as officials attempt to resolve conflicting interpretations regarding the future management of navigation in the Strait of Hormuz.
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Trump stresses that the negotiations with Iran are positive, but threats are now coming from Tehran because of the Strait of Hormus.

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The Omani Foreign Minister, Badr al Busaidi, whose country is bordering Iran from the Strait of Ormuz, said Thursday that future agreements on that vital maritime route for the export of oil and gas “do not imply the imposition of tariffs.” According to an official Omani statement, Al Busaidi made this statement after a meeting that he and his partners of the Gulf Cooperation Council (GCC) maintained in Manama, the capital of Bahrain, with the U…

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The Hindu broke the news in Chennai, India on Wednesday, June 24, 2026.
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