Trump says no toll on Strait of Hormuz unless US imposes one

INVESTING.COMJun 20, 7:49 PM UTC

Key insights

  • President Trump stated that no tolls will be charged for passage through the Strait of Hormuz during or after a 60-day interim ceasefire with Iran, unless the US imposes them if peace talks fail. This statement, while geopolitical in nature, has limited direct, immediate impact on US equity markets as it does not signal a change in Fed policy, major economic data, or corporate earnings. The primary influence is on regional stability and potentially oil prices, but the forward-looking impact on US equities is neutral to slightly positive if it reduces geopolitical risk premium.
Trump says no toll on Strait of Hormuz unless US imposes one

June 20 (Reuters) - U.S. President Donald Trump posted on Saturday that no toll will be charged for passage through the Strait of Hormuz during or after the 60-day interim ceasefire with Iran — unless the U.S. imposes one should peace talks fail.

"There will be NO TOLLS in the Hormuz Strait for 60 days during the Cease Fire Period, and 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, 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," Trump wrote in a post on Truth Social.

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