BRIC.TV Logo
Home/MARKETS/CHINA/Article
MARKETS

Trump proposes tolls for ships passing through Strait of Hormuz if US-Iran talks fail

President Donald Trump revealed that U.S. might implement tolls on ships navigating through Strait of Hormuz following a 60-day ceasefire, should talks with Tehran not succeed. This action could have a major impact on global shipping and oil prices, underscoring U.S. involvement in safeguarding crucial maritime routes.

BRIC Team
BRIC Team
Jun 20, 2026 · 1 min read · 8 views
Trump proposes tolls for ships passing through Strait of Hormuz if US-Iran talks fail

Key Takeaways

  • •President Trump announced a potential toll for ships in the Strait of Hormuz after a 60-day ceasefire period.
  • •He stated, 'There will be NO TOLLS in the Hormuz Strait for 60 days during the Cease Fire Period.'
  • •The Strait of Hormuz is crucial, with about 20% of the world's oil supply passing through it.
  • •Trump's toll proposal aims to reimburse costs for the U.S. acting as a 'Guardian Angel' in the region.
  • •The outcome of negotiations with Iran could significantly affect global shipping and oil prices.

President Donald Trump suggested U.S. might slap a toll on ships passing through Strait of Hormuz if talks with Tehran don't clinch a deal . This toll would kick in after a 60-day ceasefire where no charges apply.

Trump took to Truth Social to say, "There will be NO TOLLS in the Hormuz Strait for 60 days during Cease Fire Period." He added that after those 60 days, U.S . might charge for being a "Guardian Angel" to Middle Eastern nations. To cover costs — past,present,future.

The Strait of Hormuz sees a big chunk of world’s oil pass through . Trump's remarks underscore regional friction and U.S . focus on keeping sea lanes open . What tolls might do to shipping and oil prices...depends on Tehran talks .

#World#Strait of Hormuz developments

Share this article

Related Articles

Trump pledges no tolls for Strait of Hormuz unless US collects them

Trump pledges no tolls for Strait of Hormuz unless US collects them

President Donald Trump declared on Saturday that passage through Strait of Hormuz will be toll-free for a 60-day ceasefire, unless the United States decides otherwise. This announcement prompts speculation about possible future tolls, especially since Iran's military asserts control over the strait, adding complexity to upcoming negotiations in Switzerland.

BRIC Team

Jun 20, 2026•3 views
India boosts LPG imports from US and Iran amid West Asia conflict

India boosts LPG imports from US and Iran amid West Asia conflict

India has overhauled its LPG import strategy, boosting purchases from U.S. and Iran to lessen dependence on Gulf countries. By April 2026, imports from U.S. are expected to account for one-third of total LPG. This change has resulted in a 20% decline in LPG consumption in May, influenced by climbing prices and supply limitations.

BRIC Team

Jun 20, 2026•3 views
Excise Minister M. Liju states no decision on low-alcohol beverages yet

Excise Minister M. Liju states no decision on low-alcohol beverages yet

Excise Minister M. Liju stood by the Budget proposal aimed at lowering taxes on low-alcohol beverages, emphasizing that no formal policy decision has yet been reached. This proposal has faced backlash from local leaders, including Bishop Mar Remigiose Inchananiyil, who called on the government to rethink its strategy.

BRIC Team

Jun 20, 2026•9 views
Three Indian tankers successfully navigate Strait of Hormuz on June 20

Three Indian tankers successfully navigate Strait of Hormuz on June 20

Three Indian-flagged tankers—Desh Vaibhav, Desh Vibhor, and Sanmar Herald—have successfully passed through Strait of Hormuz, transporting more than 860,000 tons of crude oil. This movement follows Iran's announcement on June 20 about closing the strait, underscoring persistent tensions in the area.

BRIC Team

Jun 20, 2026•10 views
Stock traders buy large volume of VanEck Semiconductor ETF put options on June 20, 2026

Stock traders buy large volume of VanEck Semiconductor ETF put options on June 20, 2026

On Friday, stock traders bought 372,375 put options for VanEck Semiconductor ETF, showing a 63% rise in activity. This jump comes after hedge funds made recent strategic moves, such as AQR Capital Management increasing its holdings by 4.8%, highlighting a growing interest among investors in semiconductor sector.

BRIC Team

Jun 20, 2026•14 views
Vessels carrying 80 million barrels of oil prepare to transit Strait of Hormuz

Vessels carrying 80 million barrels of oil prepare to transit Strait of Hormuz

United States and Iran have come to a tentative peace agreement, permitting nearly 80 million barrels of crude oil to move through Strait of Hormuz. This shift has already caused crude prices to fall to around $75 a barrel, which could help alleviate inflation in upcoming months.

BRIC Team

Jun 20, 2026•13 views
View All Articles