Trump Proposes US-Iran Joint Venture to Secure Strait of Hormuz and Collect Tolls

Trump told ABC News that Washington is considering a joint venture with Iran to secure the Strait of Hormuz and collect tolls.

“Trump considers joint US-Iran operation to secure Strait of Hormuz President says no uranium enrichment, expects swift start to peace talks Yasin Gungor 08 April 2026•Update: 08 April 2026 ISTANBUL US President Donald Trump said Wednesday that he is considering an operation with Iran to secure the Strait of Hormuz following a newly announced ceasefire with Tehran”

Anadolu Ajansı

He hailed the idea as a beautiful thing and a way of securing it from lots of other people.

Anadolu Ajansı

The development represents a radical departure from four decades of US policy toward Iran and the strait.

Trump said the US may seek to charge tolls despite Iran having already begun charging up to $2 million per vessel.

The Strait of Hormuz sees around 120 ship transits daily.

Iran may already be charging up to $2 million per vessel.

Breakingthenews.net

A US-led toll system could generate roughly $240 million per day.

European diplomats are wary of additional costs for commercial vessels.

The joint venture proposal elicited mixed reactions.

“For Iran hawks on the right, Tuesday night was initially time to revel in how President Donald Trump had again proven his detractors wrong with his supposed “Art of the Deal” win in obtaining a ceasefire in the ongoing war”

CNN

Trump’s own Vice President JD Vance urged Iran not to let a misunderstanding derail the ceasefire.

Iran insisted its 10-point peace plan remained the only valid framework.

Israel continued to attack Hezbollah in Lebanon, which Iran took as a violation.