Vance says Hormuz transit will remain toll-free during talks
US Vice President JD Vance said vessels using the Strait of Hormuz will not be charged transit fees during the 60-day period of negotiations envisaged under the agreement between Washington and Tehran.
In an interview with NBC News, Vance said: “What the deal says is that for the 60 days that we’re negotiating the final deal, there will be toll-free access in and out of the Strait of Hormuz.”
Vance dismissed reports that Iran intended to impose shipping fees, suggesting they reflected domestic political messaging rather than the terms of the agreement.
“The truth is that the tolls will not be charged, the Strait of Hormuz will be open,” he said, adding that the United States was already seeing “a substantial increase in toll-free traffic” through the strategic waterway.