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Trump says any Strait of Hormuz shipping fees in Iran deal would be unacceptable
Deccan Chronicle··25 Jun
Deccan Chronicle reported the US president told NATO chief Mark Rutte that tolls would be a game changer and he would not allow similar charges on other straits while claiming oil fell below USD 70 during the war.
Prism
What It Means For You
- India-bound shipping costs hinge on Hormuz remaining toll-free.
- Oil near USD 70 affects domestic fuel price trends.
- Final Iran deal terms may shift energy markets again.
What's Happening
- Trump rejected Hormuz shipping fees in any Iran deal.
- Oil prices dipped below USD 70 per barrel.
- Iran and the US continue negotiating a final settlement.
Diplomatic Stakes
- Gulf states also oppose tolls on the strait.
- A preliminary MOU reopened talks after months of war.
- Tehran links peace to reduced US regional presence.
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