Trump: No fees for Strait of Hormuz transit during Iran ceasefire
U.S. President Donald Trump announced that no fees will be imposed on transit through the Strait of Hormuz during the ceasefire with Iran, which lasts for 60 days, and not after it ends, unless negotiations with Tehran fail. He clarified that any potential fees would be in favor of the United States if an agreement is not reached, aiming to compensate for costs associated with the presence in the region. This comes as American and Iranian negotiations are underway in Switzerland, amid a military escalation by Israel in Lebanon and Iranian restrictions on the strait.
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