Under the peace agreement between America and Iran, Donald Trump has announced that Hormuz will be ‘toll free’. Now a reply has come from Iran regarding this. Tehran says that there will be no toll on Hormuz, but a fee will definitely be charged. According to international law, collecting tolls is illegal, but fees can be charged for some services. It is not yet clear what services Iran will provide. Before the start of the US-Iran war, no fees were charged in Hormuz.
Iran has changed the name of toll collection to convenience fee. According to the NYT report, Iran said that collecting tolls from ships in the Strait of Hormuz is illegal, but it will charge fees for ‘services’ and not ‘tolls’.
On Sunday (June 14), US President Donald Trump had claimed that the Strait of Hormuz has reopened and it will remain toll free. He further said, this agreement will secure one of the most important energy routes in the world. In an interview with The New York Times, Trump said that this agreement will help in keeping this strategic sea route open. It will also reduce the risk of a major war in the region. According to the newspaper, Trump said that with this agreement Hormuz will remain ‘toll-free forever’.
There is still suspense over the Strait of Hormuz becoming toll free due to Iran’s new statement amidst Trump’s claim. If Iran collects fees here, it could have an impact on global energy supply and could create a new dangerous precedent in international waterways.
Trump had announced that the US and Iran had completed a deal. Under this deal, the Strait of Hormuz will reopen and the US Navy blockade will end. The US President called it a major success after months of fighting. Because of this, the global energy market was adversely affected and the fear of a major regional war was created.
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