Trump Says the U.S. Could Impose a Toll on the Strait of Hormuz

[Financial News]  

U.S. President Donald Trump said on the 20th (local time) that the United States could impose a toll on the Strait of Hormuz if a final peace deal with Iran falls through.
On his social media platform Truth Social that day, Trump said, "There will be no toll on Hormuz during the 60-day ceasefire period," and added, "There will still be no toll after the 60 days expire."
He then said, "However, if the deal is not finalized, the exception is that a toll will be imposed by and for the United States in order to recover the costs incurred in the past, present and future for the services the United States has provided as the guardian angel of Middle Eastern countries."
The armistice agreement (MOU) reached between the United States and Iran calls for the immediate opening of the Strait of Hormuz and says Iran will not impose a toll for 60 days.
Because of this, Iran was expected to begin charging a toll after 60 days.
Trump's statement that the United States would directly collect the toll if the deal collapses is seen as leverage to pressure both Iran and countries in the Middle East and push them toward an agreement.

dympna@fnnews.com Song Kyung-jae Reporter