Trump threatens to charge US tolls in Strait of Hormuz if final Iran deal not reached in 60 days
President Trump has threatened to impose U.S. tolls in the Strait of Hormuz if a final deal with Iran isn't reached within 60 days, citing reimbursement for security services. Meanwhile, Iran claims to have closed the strait due to Israeli actions...

Trump, spending the weekend at Camp David, underscored that the initial agreement to end the war with Iran calls for toll-free travel through the vital waterway for 60 days.
Then he said: "there will be NO TOLLS after the 60 day period has expired, unless they are imposed by and for the United States of America, should the deal not be completed."
Trump said the money would be for "services rendered as the Guardian Angel to the countries of the Middle East for purposes of both past, present, and future reimbursement of costs."
Also read | From bombs to billions: The strange economics of US-Iran peace deal
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.