Headline: Iran, Oman Discuss Strait of Hormuz Tolls, Contradicting Trump's Free Passage Pledge

Iran and Oman are progressing towards establishing a toll system for the Strait of Hormuz, according to a joint statement released this week. The two nations have discussed management, services, and associated fees for the crucial energy transit route, potentially introducing new costs for global shipping and oil transport. This move directly contrasts with U.S. President Donald Trump's recent assurances of continued free passage. The joint statement emphasized both countries' "sovereignty and sovereign rights" over the strait, which handles approximately 20% of global oil shipments. Iran and Oman announced the formation of a joint working group to finalize future shipping management mechanisms. This development follows Trump's post on social media on June 17, 2026, stating he had "agreed to keep the Strait of Hormuz open." Analysts, including Lloyd's List, suggest new conditions like mandatory Iranian insurance for some vessels are preliminary steps towards a toll system. Iran's newly established Persian Gulf Strait Authority has also begun asserting influence, requiring all vessels to submit compliant transit applications, even during the current ceasefire period.