US EditionTrump says he’s considering ‘joint venture’ with Iran for Strait of Hormuz tolls
Trump said a toll plan could help secure the key shipping lane as Iran seeks funds for reconstruction and the route carries about 20% of world oil.
- Iran agreed to reopen the Strait of Hormuz to commercial shipping as part of a two-week ceasefire agreement announced with the US, covering the 21-mile-wide waterway vital to roughly one-fifth of global oil supplies.
- Seeking to impose tolls on transiting ships, Iran argues revenue is necessary to reconstruct infrastructure destroyed during the six-week conflict, a position the US and its Gulf allies oppose citing international maritime conventions.
- President Donald Trump suggested on Monday that Washington and Tehran could manage the passage as a "joint venture," stating he would rather the US charge tolls than allow Iran to collect them alone.
- Maritime shipping company Hapag-Lloyd voiced cautious optimism but warned that restoring normal traffic will likely take six to eight weeks, far exceeding the 14-day truce period for Arabian Gulf routes.
32 Articles
32 Articles
[Yomiuri Shimbun] [Washington = Keita Ikeda, Johannesburg = Fumikazu Takagi] US President Trump said in an interview with ABC News on the 8th that he is considering a plan to make the collection of transit fees for ships passing through the Strait of Hormuz a "joint project" between the United States and Iran.
Donald Trump wants the United States and Iran to share the money earned by charging tolls to oil vessels in the Strait of Ormuz
Trump Considers Joint U.S.-Iran Venture on Hormuz Tolls U.S. President Donald Trump stated on the 8th (local time) that the United States and Iran are considering a plan to jointly collect tolls in the Strait of Hormuz. In a phone call with ABC News reporter Jonathan Karl on that day, President Trump said, "We [are] [working] on this jointly..."
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