According to the vice president, the US expects that passage through the waterway will remain free after the final version of the agreement is concluded

Trump announces that a ceasefire deal with Iran has been agreed, and that the Strait of Hormuz will reopen for shipping.

US President Donald Trump says oil tankers would be able to navigate the Strait of Hormuz toll-free, but many details of the deal with Iran are yet to be ironed out.

A significant deal is struck between the US and Iran. President Donald Trump confirms an agreement to keep the Strait of Hormuz open without tolls. He also warns of military…

US and Iran agree to a preliminary deal reopening the Strait of Hormuz with a 60-day ceasefire, lifting the naval blockade, and ending Iran's crypto toll

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

"Early indications suggest this may depend on Iran clearing naval mines over an initial 30-day period."

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

According to the publication, following this 60-day period, Iran intends to offer services in the areas of security, navigation, environment, and insurance

The U.S. and Iran have issued conflicting statements on how the Strait of Hormuz will be managed.

"The agreement is fundamentally built around a two-step verification process."

WASHINGTON, June 15 (Reuters) - U.S. Vice President JD Vance said on Monday that he hopes text of an agreement to halt the war in Iran and open the Strait of Hormuz will be…

VP Vance confirms the Strait of Hormuz will reopen toll-free under a US-Iran deal, ending crypto-based shipping fees of up to $2M per vessel in Bitcoin and

The eleventh-hour change comes despite US President Donald Trump stating the vital waterway would remain 'permanently toll-free'.

A significant agreement to end the war in Iran and reopen the vital Strait of Hormuz is anticipated this week. US Vice President JD Vance expressed optimism for the deal's…

US officials say the pact will sharply increase Strait of Hormuz traffic and keep it toll-free for 60 days, with no sanctions relief or unfrozen assets for Iran until Tehran meets…

WASHINGTON — The United States and Iran have signed a memorandum of understanding to end a near four-month war, senior U.S. officials said on Monda...

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…

There are many unresolved issues to be worked through over the next two months after a deal to end the conflict was signed electronically on Sunday.

The agreement is expected to be formally signed on Friday in Switzerland.

WASHINGTON — The United States said Monday that ships will move toll-free through the Strait of Hormuz under an Iran peace deal signed by President...