US President Donald Trump announced on June 21, 2026, that there would be no tolls in the Strait of Hormuz for 60 days during the ceasefire period, and that no tolls would be imposed even after the 60-day period expires unless imposed by and for the United States. This announcement came amid Iran's threats to close the strait and impose tolls. The strait carries approximately 20 million barrels of oil per day, critical to global energy markets.
International
Trump Announces No Tolls in Strait of Hormuz for 60 Days During Ceasefire Period
Key Points
- US President Donald Trump announced on June 21, 2026, that there would be no tolls in the Strait of Hormuz for 60 days during the ceasefire period, and that no tolls would be imposed even after the 60-day period expires unless imposed by and for the United States
- This announcement came amid Iran's threats to close the strait and impose tolls
- The strait carries approximately 20 million barrels of oil per day, critical to global energy markets
📋
📎 Read original source ↗Exam Note
• Trump: no tolls in Strait of Hormuz for 60 days (announced June 21, 2026) • Statement made amid Iran's threats to close the strait and impose tolls • Strait of Hormuz: ~20 million barrels of oil/day; critical global energy chokepoint • Part of ongoing tensions following the June 17 Islamabad Memorandum ceasefire
