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macroJun 20, 2026, 7:38 PM

Trump: No Tolls in Hormuz Strait for 60 Days During Cease-Fire

President Trump announced on Truth Social that no tolls will be imposed in the Hormuz Strait for 60 days during a cease-fire period, and none after unless the US imposes them if a deal falls through.

President Donald Trump stated on Truth Social that there will be no tolls in the Strait of Hormuz for 60 days during a cease-fire period. After that period, no tolls will be applied unless the United States decides to impose them.

Trump framed the potential future tolls as reimbursement for US services as the "Guardian Angel" to Middle Eastern countries, covering past, present, and future costs. This statement appears to reference ongoing geopolitical tensions and a temporary halt to any unilateral tolling actions.

The announcement could impact global oil transit through the strategic waterway, but details on the cease-fire and parties involved remain unspecified in the post.

Source: First Squawk