Home » ‘Oil Will Flow, With or Without Iran’: Trump Warns Tehran Over Strait of Hormuz Toll Report

‘Oil Will Flow, With or Without Iran’: Trump Warns Tehran Over Strait of Hormuz Toll Report

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International

oi-Ashish Rana

US President Donald Trump has sharply warned Iran against reportedly charging fees from vessels passing through the Strait of Hormuz, days before Washington and Tehran are expected to hold peace talks in Pakistan. His remarks came amid reports that Iran may seek to impose a toll on oil tankers crossing the crucial global shipping route, a move that has raised fresh concerns over energy security and maritime access.

Donald Trump on Strait of Hormuz

US President Donald Trump warned Iran against reportedly planning to charge fees, possibly $1 per barrel via cryptocurrency, for oil tankers transiting the critical Strait of Hormuz ahead of peace talks. Trump also accused Iran of violating the transit understanding.

The comments come at a delicate moment, with the United States and Iran having reportedly agreed to a temporary two-week ceasefire as both sides prepare for talks aimed at securing a more lasting peace arrangement later this week.

Trump says Iran must stop if tanker fee reports are true

Trump took to Truth Social to directly address the reports, warning Tehran not to move ahead with any such charge.

"There are reports that Iran is charging fees to tankers going through the Hormuz Strait - They better not be and, if they are, they better stop now!"

The warning followed reports suggesting Iran could demand a toll from ships moving through the strategic waterway, through which roughly 20 per cent of the world's oil supply passes. The issue has quickly become a new flashpoint, especially after the recent temporary ceasefire between the two countries.

According to reports, Iran may be attempting to use its control over the Strait of Hormuz as leverage during the ceasefire period, potentially introducing charges on vessels transiting the route as talks with the US approach.

Report says Iran may seek $1 per barrel, with payments in cryptocurrency

A Financial Times report said Iran is planning to charge shipping companies for allowing oil tankers to pass through the Strait of Hormuz, and that the payment could be sought in cryptocurrency.

The report cited Hamid Hosseini, spokesperson for Iran's Oil, Gas and Petrochemical Products Exporters' Union, as saying Tehran wants to impose a fee on every vessel passing through the strait while also closely monitoring cargo movements during the current pause in hostilities.

"Iran needs to monitor what goes in and out of the strait to ensure these two weeks aren't used for transferring weapons," Hosseini said.

The report added that Iran could demand a fee of $1 per barrel of oil. Earlier, Iran had also indicated that any money collected from such charges could be used for reconstruction efforts.

This reported plan has added to wider questions over whether Tehran can legally impose such tolls on one of the world's most important international shipping corridors.

Trump declares 'victory', says oil will flow with or without Iran

Minutes after his first post, Trump returned to Truth Social with a broader defence of his administration's stance on Iran, while also taking aim at a Wall Street Journal editorial titled Trump Declares Premature Victory in Iran.

Rejecting the suggestion that he had claimed success too early, Trump said his actions had ensured that Iran would never acquire a nuclear weapon and insisted that oil shipments would resume regardless of Tehran's role.

"The Wall Street Journal, one of the worst and most inaccurate "Editorial Boards" in the World, stated that I "declared premature victory in Iran." Actually, it is a Victory, and there's nothing "premature" about it! Because of me, IRAN WILL NEVER HAVE A NUCLEAR WEAPON and, very quickly, you'll see Oil start flowing, with or without the help of Iran and, to me, it makes no difference, either way. The Wall Street Journal will, as usual, live to eat their words. They are always quick to criticize, but never to admit when they're wrong, which is most of the time!"

The post underscored Trump's effort to frame the current ceasefire and upcoming negotiations as a diplomatic and strategic win for Washington, even as tensions over Hormuz remain unresolved.

Trump says Iran is violating the understanding on Hormuz passage

In yet another post shortly afterwards, Trump accused Iran of mishandling oil transit through the Strait of Hormuz and suggested Tehran was not acting in line with the understanding reached between the two sides.

Without elaborating on what specific terms had been agreed, he wrote:

"Iran is doing a very poor job, dishonorable some would say, of allowing Oil to go through the Strait of Hormuz. That is not the agreement we have!"

The statement added another layer of uncertainty around the ceasefire period, with the Strait of Hormuz now emerging as a central issue ahead of the planned talks in Pakistan. With global oil markets highly sensitive to any disruption in the region, any formal move by Iran to charge transit fees could trigger a wider geopolitical and economic reaction.

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