Trump says Iran will not charge ships passing through Strait of Hormuz

President Donald Trump said Iran had told him ships transiting the Strait of Hormuz would face no tolls, insurance costs or other charges. Energy Secretary Chris Wright said U.S. military escorts through Oman's territorial waters and a 60-day U.S.-Iran arrangement have helped reopen the waterway after Tehran had declared it closed again over the weekend. Kpler said confirmed flows have risen to about 4.8 million barrels per day, with at least 20 tankers carrying 35 million barrels exiting the Persian Gulf since the deal, though exports remain well below prewar levels. Wright said 72 ships carrying 19 million barrels passed through in the prior 24 hours, while maritime security risk has eased and the International Maritime Organization is preparing to evacuate more than 11,000 stranded seafarers from the Persian Gulf.

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