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

The deal would keep the waterway open for 60 days and tie future fees to negotiations over navigation, services and costs, officials said.

  • 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: Iran Says It Is Not Collecting Tolls in Hormuz; If False, Deals Will Be Broken. U.S. President Donald Trump stated that he received an official position from Iran that it is currently not collecting any transit fees regarding ship traffic in the Strait of Hormuz. President Trump [stated on] the 24th (local time) via social media

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Al-Monitor broke the news in Washington, United States on Wednesday, June 24, 2026.
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