US President Donald Trump has threatened to impose tolls on the Strait of Hormuz if a final deal with Iran is not reached, claiming the fees would be “for services rendered as the Guardian Angel” to the Middle East. In a Saturday post on Truth Social, Trump stated, “There will be NO TOLLS in the Hormuz Strait for 60 days during the Cease Fire Period, and there will be NO TOLLS after the 60 day period has expired, unless they are imposed by and for the United States of America, should the deal not be completed.” He added that the tolls would cover “past, present, and future reimbursement of costs” for US services in the region.
Context of the US-Iran Memorandum
Left unaddressed in the US-Iran memorandum of understanding is whether Tehran will ultimately retain control over the strait. Ships will be able to travel toll-free for “60 days only” while Iran and its Gulf neighbors work out a new arrangement for the strait — meaning Tehran could be allowed to impose fees. Trump insisted this week that the strait would be open “toll-free during the first 60 days and thereafter.”
Impact on Regional Shipping
The Strait of Hormuz is a critical chokepoint for global oil shipments, with about 20% of the world's petroleum passing through it. Any imposition of tolls by the US or Iran could significantly increase shipping costs and disrupt global energy markets. The threat comes amid ongoing negotiations between the US and Iran over a comprehensive deal, with the 60-day cease-fire period intended to allow for diplomatic progress.
