President Donald Trump announced Wednesday that Iran had told him there would be no tolls, insurance fees, or any charges for ships passing through the Strait of Hormuz.
Trump said in a post on Truth Social:
“Iran has informed the U.S. that, despite troublemaking Fake News reporting to the contrary, there are “NO TOLLS, NO INSURANCE COSTS, & NO OTHER CHARGES OF ANY KIND BEING SOUGHT OR RECEIVED BY IRAN ON SHIPS TRAVELING THE STRAIT OF HORMUZ. If this is false information, negotiations would end, immediately! Additionally, no money has been given to Iran, or released from their money to them, by the U.S. We will be releasing some of their money, that is totally controlled by us, to our Farmers and Ranchers, for the purchase of Corn, Wheat, Soybeans, and more. Food is desperately needed in Iran, and we will be purchasing it for them exclusively from the United States. Thank you for your attention to this matter! President DONALD J. TRUMP”
The president’s remarks follow the signing of an interim peace deal between the U.S. and Iran aimed at ending the conflict. However, Washington and Tehran still dispute certain aspects of the 14-point memorandum of understanding.
Iran and Oman announced in a joint statement on Tuesday that they will begin negotiations for an agreement concerning services related to navigating the Strait of Hormuz, including the associated costs following international standards.
Iran has not responded publicly to Trump’s post.
By CEO NA Editorial Staff
