Vance says Hormuz transit will remain toll-free during talks
Vance says Hormuz transit will remain toll-free during talks US Vice President JD Vance said vessels using the Strait of Hormuz will not be charged transit fees during the 60-day period of negotiations envisaged under the agreement between Washington and Tehran. In an interview with NBC News, Vance said: “What the deal says is that for the 60 days that we’re negotiating the final deal, there will be toll-free access in and out of the Strait of Hormuz. ” Vance dismissed reports that Iran intended to impose shipping fees, suggesting they reflected domestic political messaging rather than the terms of the agreement.