Trump: No Tolls for Strait of Hormuz Traffic During U.S.-Iran Negotiations

President Donald J. Trump said on Fox News Digital today that there will be no tolls on oil flowing through the Strait of Hormuz during the next 60 days as the United States and Iran continue negotiations.

Trump added that there will be no tolls even after the 60 day period expires.

The president said any future tolls would serve as reimbursement for what he described as America's role as the "Guardian Angel" of Middle Eastern nations and for past, present and future security costs.

The Strait of Hormuz is one of the world's most important shipping lanes and a critical route for global oil exports.

Meanwhile, Vice President JD Vance departed Saturday for Switzerland, where he is expected to join the next round of negotiations between the United States and Iran.

Vance's trip to Switzerland comes as U.S. officials work to build on this week's ceasefire agreement and pursue a longer-term arrangement with Tehran.

White House envoy Steve Witkoff and Jared Kushner are already involved in discussions in Switzerland.

Diplomats from multiple countries have gathered to support the talks.