US officials said Monday that ships will move toll-free through the Strait of Hormuz under an Iran peace deal signed by President Donald Trump, and insisted that Tehran would have to fulfill its commitments…

Iran will reportedly allow free passage through Strait of Hormuz for 60 days, but may collect fees in future.

Iran offers 60-day toll-free transit through the Strait of Hormuz during ceasefire talks, while launching a bitcoin-settled maritime insurance platform.