Commodities June 20, 2026 03:49 PM

Trump Says No Tolls in Strait of Hormuz During 60-Day Ceasefire, Could Change if Talks Fail

President's Truth Social post says passage will remain toll-free during and after the interim ceasefire unless the U.S. imposes charges should a deal not be completed

By Derek Hwang
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President Donald Trump posted that there will be no tolls levied for passage through the Strait of Hormuz for the duration of a 60-day interim ceasefire with Iran, and that this toll-free status will continue after the period unless the United States decides to impose charges if the deal is not completed.

Trump Says No Tolls in Strait of Hormuz During 60-Day Ceasefire, Could Change if Talks Fail
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Key Points

  • President Trump posted that there will be no tolls charged for passage through the Strait of Hormuz for the duration of a 60-day interim ceasefire with Iran.
  • The toll-free status is stated to continue after the 60-day period unless the United States imposes tolls should the deal not be completed.
  • The post was published on Truth Social and frames potential U.S. tolls as reimbursement for services rendered to Middle Eastern countries.

On June 20, President Donald Trump announced via a post on Truth Social that passage through the Strait of Hormuz will not be subject to tolls during the course of a 60-day interim ceasefire with Iran, and that no tolls will be charged after that 60-day period expires unless the United States imposes them 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.

The statement frames the absence of tolls as the baseline for the 60-day interim ceasefire and clarifies a conditional exception - tolls could be imposed by the United States if the ceasefire arrangement is not finalized.

This post identifies the timeframe of the temporary ceasefire as 60 days and explicitly references the Strait of Hormuz and the possibility that U.S. action could change the tolling status after that window should the deal not be completed. The message was conveyed directly by the president on Truth Social.


Summary of the statement:

  • The president declared no tolls in the Strait of Hormuz for the 60-day interim ceasefire period.
  • He added that there would also be no tolls after the 60 days unless the United States imposes them should the deal not be completed.
  • The post included language describing U.S. imposition of tolls as reimbursement for "services rendered as the Guardian Angel to the countries of the Middle East."

The post is limited to the terms described above and does not provide additional operational details, timelines beyond the 60 days, or specifics about how any potential tolls would be implemented if imposed by the United States.

Risks

  • Uncertainty over whether the 60-day interim ceasefire will result in a completed deal - this impacts whether tolls could later be imposed by the United States. (Impacts: shipping, energy)
  • The conditional nature of the statement leaves open whether and how the United States might implement tolls after the 60-day period if the deal is not completed. (Impacts: shipping, energy)

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