US Vice President JD Vance has explicitly ruled out the imposition of tolls for vessels transiting the Strait of Hormuz, stating that the United States retains significant leverage over Iran to ensure the waterway remains free of such charges.
The comments, made in New York, serve as a direct rebuttal to earlier reports suggesting Oman had proposed a service fee for the strategic chokepoint, modeled on the Malacca Strait.
Vance emphasized that the situation would not conclude with Iran extracting payments from global shipping traffic.
Vance emphasized that the situation would not conclude with Iran extracting payments from global shipping traffic.
His remarks align with statements from President Donald Trump earlier in the week, who asserted that Iran had assured the US there would be no tolls, insurance costs, or other charges for vessels passing through the strait.
The coordinated messaging aims to stabilize market expectations amid ongoing diplomatic negotiations.
The Strait of Hormuz remains a critical artery for global energy flows, handling a significant portion of the world's oil and liquefied natural gas trade.