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Iran Offers 60-Day Toll-Free Hormuz Transit As 100s Of Ships Await Reopening

Iran Offers 60-Day Toll-Free Hormuz Transit As 100s Of Ships Await Reopening The U.S. and Iran reached an interim agreement to reopen the Strait of Hormuz on Sunday evening, just 30 minutes before New York futures opened, with officials from both countries set to meet in Switzerland on Friday to formally sign the peace deal. According to Iranian outlet Fars, the U.S.-Iran deal reportedly includes a 60-day toll-free window for vessels. After that period, if a more permanent deal is agreed upon, Tehran may seek to monetize the Hormuz chokepoint by...
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Oct 23, 2026 / Tyler Durden
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