Trump: No Hormuz tolls after 60 days
U.S. President Donald Trump stated that no transit fees will be imposed on ships passing through the Strait of Hormuz after the 60-day period, unless the United States imposes them for its own benefit. Trump and Iranian Masoud Beizhikian signed a memorandum of understanding to cease hostilities, which includes opening the Strait of Hormuz and lifting the blockade on Iranian ports. Negotiations are scheduled to continue over the next 60 days to reach a final agreement regarding Iran's nuclear program.
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