Trump: No Tolls in Strait of Hormuz Except US Ones If Iran Deal Fails

US President Donald Trump stated on his Truth Social platform that no tolls will be collected in the Strait of Hormuz except those imposed by the United States. Trump emphasized that during the ceasefire and after its 60-day period, vessel passage will be free. However, if a final agreement with Iran is not reached, the US retains the right to levy tolls for "guardian angel" services provided to Middle Eastern countries to cover past, present, and future costs.

The statement came a day after Iran's military leadership announced the renewed closure of the Strait of Hormuz on June 20, alleging a US violation of the agreement. On June 15, Trump had announced a peace deal with Iran, committing Tehran to fully reopen the strait to commercial shipping. In return, the US pledged to lift its naval blockade of Iranian ports.

Initially, the official signing of a memorandum of understanding was scheduled for June 19 in Switzerland, but the US and Iran signed it on June 18, and the document took effect immediately. At the same time, Trump reiterated threats to resume attacks if Iran failed to meet its obligations.

The framework agreement, which the US and Iran are to finalize after signing the MOU, includes the creation of a $300 billion investment fund for Iran's economy. The US planned to allow Iran to immediately begin selling oil and fuel as part of the ceasefire agreement.