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

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

The president also said U.S.-controlled Iranian funds would be used to buy American farm goods for food shipments to Iran.

Fact Check
The caller-supplied CNBC article (titled 'Trump: Iran has assured U.S. there won't be tolls on Strait of Hormuz') directly states both claims: Trump's assertion that Iran assured no tolls on the Strait of Hormuz, and that U.S.-controlled/lifted Iranian funds would go to U.S. farmers for food exports to Iran. Al Jazeera's live blog independently quotes Trump saying 'the money that we lift is going to go to our farmers,' and CNN references Iranian funds directed to US farmers and the Strait of Hormuz. Multiple additional search results consistently confirm Trump's 'NO TOLLS' statements regarding the Strait of Hormuz during the ceasefire. The convergence of the caller's source with independent major outlets supports the claim as a faithful report of what Trump said.
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Summary

President Donald Trump said Wednesday that Iran had told him ships transiting the Strait of Hormuz would face no tolls, insurance costs or other charges. In the same Truth Social post, Trump said no money had been given to Iran or released to it by the United States, but added that some Iranian funds under U.S. control would be released to American farmers and ranchers to purchase corn, wheat, soybeans and other food for Iran. He said food is "desperately needed" in Iran and that the purchases would be made exclusively from the United States. The Strait of Hormuz is a critical global oil shipping chokepoint, making any statement on transit costs or access closely watched by energy and financial markets.

Terms & Concepts
  • Strait of Hormuz: Narrow waterway crucial to global oil shipping.