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**Hugh** · Today, 07:53

It also says, "Iran fully commits to not seeking possession of any nuclear weapons".

https://www.bbc.co.uk/news/articles/ce84z6y3ke4o

https://www.cnbctv18.com/world/strai...l-19882676.htm

Quote:

While both, Tehran and Washington, have agreed to facilitating the passage of shipments through Hormuz, there have been reports that Iran is charging a toll fees from the vessels.

Under the new ceasefire agreement, for next two weeks, safe passage through the Strait of Hormuz will be possible via coordination with Iran’s Armed Forces and with due consideration of technical limitations, Iran's foreign minister Seyed Abbas Araghchi said in a statement.

According to few reports, $2 million per ship would be charged by the Iranian authorities. The Associated Press (AP) reported that Iran's Parliament approved a draft bill on April 7 that would formalise the toll. And the revenue from Hormuz toll would be used to rebuild the country after the war.

News18 reported citing Iran's Fars News Agency that Iran also proposed the toll fees clause to the US during the negotiations.

US President Donald Trump also hinted that there could be financial gains from the ceasefire. He added that Iran could start the reconstruction process and the US would help in the traffic buildup in Hormuz.

"The United States of America will be helping with the traffic buildup in the Strait of Hormuz. There will be lots of positive action! Big money will be made. Iran can start the reconstruction process. We’ll be loading up with supplies of all kinds, and just “hangin’ around” in order to make sure that everything goes well. I feel confident that it will. Just like we are experiencing in the US, this could be the Golden Age of the Middle East!!!" Trump wrote on Truth Social.

However, there has been no official statement by any authority on the toll.

The $2 million fees per ship to pass through the Strait of Hormuz seems possible but with estimates. Iran is likely to not charge a steep upfront fees.

According to a report by JP Morgan, Iran is proposing to charge 100-130 vessels per day $2 million each, which would amount to $70-90 billion per year in revenues, if approved.

The report said that even if Iran only charged $2 million each to the 2,000 to 3,000 commercial vessels currently stranded in the Gulf (estimates differ), Iran would raise $4-6 billion dollars which matches or exceeds recent annual toll revenues for the major canals such as the Panama and Suez among others.

So much winning…