Trump threatens to impose Hormuz tolls if Iran deal fails

WASHINGTON – 20 June 2026: US President Donald Trump on Saturday warned that the United States could impose tolls on transit through the Strait of Hormuz if a proposed agreement with Iran is not completed.

Meanwhile, he reiterated in a post on Truth Social that no fees would be charged during the 60-day ceasefire period marking the duration of the interim ceasefire deal recently signed with Iran.

"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."

What is the US-Iran initial peace deal and what are its 14 key points?