{"id":684,"date":"2026-06-24T13:43:52","date_gmt":"2026-06-24T13:43:52","guid":{"rendered":"https:\/\/interstatemovingexpertss.com\/?p=684"},"modified":"2026-06-24T13:43:52","modified_gmt":"2026-06-24T13:43:52","slug":"trump-claims-iran-has-assured-u-s-there-wont-be-tolls-on-the-strait-of-hormuz","status":"publish","type":"post","link":"https:\/\/interstatemovingexpertss.com\/?p=684","title":{"rendered":"Trump claims Iran has assured U.S. there won’t be tolls on the Strait of Hormuz"},"content":{"rendered":"

President Donald Trump said Wednesday that Iran had informed him there would be no tolls, insurance costs, or charges of any kind for ships looking to pass through the strategically vital Strait of Hormuz.<\/p>

Read more Chief of staff to former NYC Mayor Eric Adams arrested in federal bribery probe, AP source says<\/a><\/p>

“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,” Trump said in a post on Truth Social. <\/p>

“Food is desperately needed in Iran, and we will be purchasing it for them exclusively from the United States,” he added.<\/p>

Iran has not yet commented on Trump’s post. <\/p><\/div>

\n
\"Insurer<\/figure>\n
watch now<\/span><\/div><\/div><\/span><\/div>
VIDEO<\/span>4:26<\/span>04:26<\/span><\/div>
Insurer warns Hormuz tolls could trigger legal risks due to Iran sanctions<\/div>
Inside India<\/div><\/div><\/div><\/div><\/div><\/div>

The president’s remarks come shortly after the U.S. and Iran signed an interim peace deal to bring an end to the conflict, although Washington and Tehran have continued to clash over some of the details of the 14-point memorandum of understanding.<\/p>

Under the memorandum, both sides agreed to reopen the Strait of Hormuz toll-free for at least 60 days and to end all hostilities, including in Lebanon, where fighting has persisted between Israel and Iran-backed Hezbollah.<\/p>

The Trump administration has faced criticism from Republican lawmakers for certain aspects of the deal, some of whom have raised concerns that the memorandum of understanding represents a step in the wrong direction. <\/p>

Read more U.S. Treasury will oversee frozen Iranian funds when they\u2019re released, Bessent says<\/a><\/p>

Shipping traffic through the Strait of Hormuz, a narrow waterway that typically handles around 20% of the world’s oil traffic, was found to have stalled over the weekend. <\/p>

Iran and Oman on Tuesday said in a joint statement that they would start working on an agreement over the services relating to navigating the Strait of Hormuz, including “costs associated with them in accordance with international standards.”<\/p>

Located in the gulf between Oman and Iran, the Strait of Hormuz is recognized as one of the world’s most important oil choke points.<\/p>

Oil prices traded lower on Wednesday. International benchmark\u00a0Brent\u00a0crude\u00a0futures for August fell 3% to $74.75 per barrel, notching its lowest since the day before the U.S. and Israel launched airstrikes against Iran on Feb. 28.<\/p>

U.S.\u00a0West Texas Intermediate\u00a0futures\u00a0for August were last seen nearly 3% lower at $71.03 per barrel.<\/p>

Read more Slate Auto says each $24,950 electric pickup truck will be profitable as it aims to be cash-flow positive next year<\/a><\/p><\/div><\/div>","protected":false},"excerpt":{"rendered":"

There will be no tolls, insurance costs, or charges of any kind for ships looking to pass through the Strait of Hormuz, Trump said.<\/p>\n","protected":false},"author":1,"featured_media":682,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-684","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"\nTrump claims Iran has assured U.S. there won't be tolls on the Strait of Hormuz - Interstate Moving Experts<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/interstatemovingexpertss.com\/?p=684\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump claims Iran has assured U.S. there won't be tolls on the Strait of Hormuz - 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