What did President Trump say would happen if an Iran deal included shipping fees in the Strait of Hormuz?

President Trump stated that such a provision would be 'unacceptable to me' and 'a game changer,' and he affirmed he would reject any final Iran deal that included service or shipping fees in the Strait of Hormuz.

What is the current status of transit charges in the Strait of Hormuz according to the U.S.-Iran memorandum of understanding?

A memorandum of understanding between the U.S. and Iran rules out transit charges for a 60-day negotiation period, after which a new arrangement may be developed between Oman and Iran—with other Gulf states—regarding the future administration of the strait, including the cost of managing transit.

Trump Warns Iran Against Imposing Fees on Strait of Hormuz

Jun 24, 2026

President Trump declared maritime service fees in the Strait of Hormuz unacceptable during negotiations with Iran, citing risks to global commodity transport including crude oil and fertilizer. Meanwhile, Iran and Oman begin discussions on future strait administration amid geopolitical tensions.

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