Trump Threatens to Impose Hormuz Transit Toll If Final Iran Peace Deal Not Reached

Iranian authorities earlier announced they had closed the Strait of Hormuz in response to Israeli military operations in Lebanon.
Trump Threatens to Impose Hormuz Transit Toll If Final Iran Peace Deal Not Reached
Vessels are seen anchored in Bandar Abbas along the Strait of Hormuz in this picture obtained from Iran's ISNA news agency on June 18, 2026. Amirhossein Khorgooei/AFP via Getty Images
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President Donald Trump, on June 20, threatened that the United States could impose a new toll on maritime traffic in the Strait of Hormuz if a long-term peace deal isn’t reached with Iran within the next two months.

“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, for services rendered as the Guardian Angel to the countries of the Middle East for purposes of both past, present, and future reimbursement of costs,” Trump wrote in a post on Truth Social.