Trump says US will begin charging tolls in Strait of Hormuz if final Iran deal not reached in 60 days (opens in new tab)

President Trump threatened on Saturday afternoon to impose tolls in the Strait of Hormuz if a deal with Tehran is not completed within 60 days, a warning that comes as U.S. and Iranian officials offer differing accounts of who controls the strategic oil corridor. Trump claimed in a Truth Social post that there would be “NO TOLLS” in the waterway during or after the ceasefire period unless the two sides fail to reach a final agreement by then.