President Donald Trump has warned that the United States could begin charging tolls for passage through the Strait of Hormuz if a comprehensive peace deal with Iran is not finalized within the agreed 60-day window. The statement, posted on Truth Social on June 20, 2026, came hours after Iran claimed to have re-closed the strategic waterway in response to alleged violations of a recent ceasefire.
Trump emphasized that no tolls would be imposed during the 60-day ceasefire period or afterward, unless enacted by and for the benefit of the United States. He described the potential American tolls as compensation for acting as a “Guardian Angel” to Middle Eastern nations, offsetting costs related to security and stability in the region. The Strait of Hormuz, through which roughly 20% of global oil passes, remains a critical chokepoint for energy markets.
The comments follow an interim agreement aimed at halting recent conflicts, reopening the strait for toll-free transit during negotiations, and addressing broader issues including nuclear concerns and regional ceasefires. U.S. Central Command has disputed Iran’s closure claim, stating that merchant traffic continues to flow and that American forces are monitoring the situation.
The development adds tension to ongoing technical talks scheduled in Switzerland. Analysts warn that any disruption or imposition of fees in the strait could spike global oil prices and heighten geopolitical risks. Trump’s remarks signal a firm stance on maintaining free navigation while positioning the U.S. to potentially monetize security guarantees if diplomacy fails.
Market reactions have been swift, with oil prices rising on concerns over potential escalation. The administration continues to push for a durable agreement, while emphasizing that American interests in the region’s vital shipping lanes will be protected.