US President Donald Trump said Wednesday he has been assured by Iran that no fees will be collected from ships in the Strait of Hormuz, as negotiations continue to secure a lasting end to the war in the Middle East.

Iran has said it could still charge fees “in exchange for services provided.

There will be no tolls, insurance costs, or charges of any kind for ships looking to pass through the Strait of Hormuz, Trump said.

US President Trump stated Iran has assured the US it won't impose tolls on ships in the Strait of Hormuz, countering media claims. He also revealed that no US funds have been sent…