Trump Says No Strait of Hormuz Transit Fees During 60-Day Ceasefire, US Could Impose Them if Deal Fails

President Donald Trump said no transit fees would be charged for passage through the Strait of Hormuz during a ceasefire.

Writing on Truth Social on June 20, Trump said there would be no Strait of Hormuz transit fees during the 60-day ceasefire period. He added that no fees would be imposed after 60 days as long as a final agreement is implemented.

If the agreement is not completed, the US could impose transit fees as compensation for acting as a "Guardian Angel" to Middle Eastern countries, Trump wrote.

He said the charges would serve as reimbursement for costs incurred in the past, present and future.