Trump's statement on the Strait of Hormuz and transit fees

US President Donald Trump announced that no transit fees will be charged for passage through the Strait of Hormuz during the ceasefire with Iran.

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US President Donald Trump stated that no transit fees will be applied in the Strait of Hormuz during the 60-day ceasefire with Iran, and that if the agreement is not finalized after this period expires, such fees could only be implemented by the US.