Trump threatens to charge U.S. tolls in Strait of Hormuz if final Iran deal not reached in 60 days
U.S. President Donald Trump has threatened to impose tolls on ships in the Strait of Hormuz if a final deal with Iran is not reached within 60 days. This follows Iran's announcement that it closed the waterway in response to regional conflicts, a claim the U.S. military has disputed.
Why it matters
The Strait of Hormuz is a critical global oil transit point; threats to its closure or the imposition of tolls pose significant risks to global energy security and geopolitical stability.
Iran on Saturday (June 20, 2026) said that it closed the Strait of Hormuz because of Israel s attacks in Lebanon and warned that while negotiators were going to Switzerland for talks with the United States on their interim agreement, not much likely will happen if the fighting doesn t stop.
The article reports on conflicting claims from both the U.S. and Iranian governments, maintaining a neutral stance on the dispute.
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