Oil Energy Watch (@oil_energy_watch)
Trump says Iran is not charging Hormuz shipping fees
President Trump says Iran has informed the US that it is not seeking or receiving tolls, insurance costs, or other charges on ships traveling through the Strait of Hormuz.
He also said Iranian funds will be released to US farmers and ranchers, with food purchases for Iran coming exclusively from the United States.
For energy markets, the key point is simple: any reduction in Hormuz shipping risk can ease pressure on oil, insurance, and broader geopolitical risk pricing.