Trump: Iran Says No Tolls on Ships in Strait of Hormuz; US to Fund Food for Iran
President Trump stated that Iran has informed the US it does not seek or receive tolls or charges on ships transiting the Strait of Hormuz. He also announced the release of Iranian funds to US farmers and ranchers to purchase food for Iran exclusively from the United States.
President Donald Trump announced that Iran has told the United States it is not imposing any tolls, insurance costs, or other charges on vessels passing through the Strait of Hormuz. The statement removes a potential source of tension over the strategic waterway.
Trump also said he will release Iranian funds to American farmers and ranchers. The money will be used to buy food for Iran, which Trump described as "desperately needed" there. The purchases will be made exclusively from the United States, according to the president.
Source: The Kobeissi Letter