Trump claims Iran has assured U.S. there won't be tolls on the Strait of Hormuz

Trump announced that Iran has assured the U.S. there won't be any tolls or additional charges for ships navigating through the Strait of Hormuz, a crucial maritime route for global oil transport. This assurance comes amid heightened tensions in the region, which have previously led to concerns about potential disruptions in oil supply. The Strait of Hormuz sees the passage of about 20% of the world's oil, so this move is significant for global energy markets and underscores the delicate balance of power in the area.