Trump threatens tolls in Strait of Hormuz if peace deal not reached (opens original article in a new tab)

President Trump threatened tolls on the Strait of Hormuz if a US-Iran deal isn't reached, as Iran had previously threatened to close the waterway, while US military confirms continued traffic and negotiations proceed in Switzerland.

• President Trump threatened to impose tolls on the Strait of Hormuz if a deal with Iran is not reached
• Iran previously stated it would close the Strait of Hormuz over alleged US and Israel ceasefire violations
• US military confirmed continued traffic through the Strait and is monitoring the situation
• Vice President JD Vance is in Switzerland for US negotiations with Iranian leaders