US President Donald Trump has declared that shipping tolls will not be levied through the Strait of Hormuz once a 60-day period expires. Trump made the statement on Saturday as part of broader negotiations between Washington and Tehran over maritime commerce in the strategically vital waterway.
The Strait of Hormuz, located between Iran and Oman, is one of the world’s most critical shipping routes, with roughly one-third of all seaborne traded oil passing through it annually. Trump’s comments suggest the incoming administration is prioritising the removal of any financial barriers to passage through the waterway.
The announcement comes amid ongoing discussions between the United States and Iran regarding shipping regulations and access to the Gulf. The 60-day timeline indicates a specific negotiation period during which arrangements will be finalised between the two nations.
Trump’s position reflects a broader policy focus on ensuring free passage through international waters and maintaining open global trade routes, which his administration views as essential to economic stability and regional security.
Source: Walla News — Original article in Hebrew.
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