Trump says Iran assured the US no tolls are sought at the Strait of Hormuz, ending a standoff that saw reports of Bitcoin and Tether as payment options.

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…

Trump claimed Iran pledged that it will not pursue any tolls or charges of any kind through the Strait of Hormuz.