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Iran Rejects U.S. Deal on Hormuz Tolls | US News
Description
The U.S. pushed a bold deal with Iran to unfreeze $100 billion in frozen assets — including $6 billion held in Qatar — in exchange for Iran backing off its plan to charge tolls through the Strait of Hormuz. Talks in Doha, mediated by U.S. envoys like Jared Kushner, aimed to get Iran to drop its claim of control over the waterway. But Iran refused, insisting the strait remains “under Iran’s command,” and even issued military warnings to ships deviating from approved routes. Iran’s goal? To fund security and services via tolls, potentially earning $40 billion annually — a plan Gulf nations, including the U.S., strongly oppose. Meanwhile, shipping through the strait has plummeted from 100 ships a day to just 43, severely disrupting global oil flows.
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