Trump says there will be no Hormuz tolls – unless USA assesses them
President Donald Trump said that no tolls will be imposed in the Strait of Hormuz by Iran after the 60-day ceasefire.
In a post on Truth Social, Trump addressed one of the central concerns about the U.S.-Iran Memorandum of Understanding, whether it would allow Iran to impose tolls after the 60-day period for negotiations. The president said Iran would never impose tolls in the strait, but left open the possibility that the U.S. could.
“There will be NO TOLLS in the Hormuz Strait for 60 days during the Cease Fire Period, and there will be NO TOLLS after the 60 day period has expired, unless they are imposed by and for the United States of America, should the deal not be completed, for services rendered as the Guardian Angel to the countries of the Middle East for purposes of both past, present, and future reimbursement of costs,” he wrote.
The language that tolls would not be collected for 60 days raised concerns that tolls could be imposed after the period, a non-starter for the Gulf states. A senior U.S. official speaking with CNBC News indicated that Washington was relying on the Gulf countries to strike a separate deal with Iran to prevent the imposition of any tolls.
Tagged: Middle East BACK TO HOMEPAGE