A recent statement from Trump has outlined a potential development in the Strait of Hormuz. The US plans to implement tolls in the waterway if a final agreement with Iran is not reached within 60 days. Details of the proposed tolls are limited, but it is known that they would be contingent on the outcome of negotiations.

If an agreement is reached, no tolls would be imposed during or after the ceasefire period. Further information on this development can be found through KTSM 9 News, which has reported on Trump's statement regarding the Strait of Hormuz and potential tolls.