President Donald Trump says Iran has assured the United States there will be no tolls, insurance fees, or other charges for ships transiting the Strait of Hormuz for 60 days and warns that negotiations will end if Tehran imposes fees.The United States denies transferring cash to Iran and says funds under US control will be used to buy American agricultural products such as corn, wheat, and soybeans for humanitarian aid while avoiding direct payments to Tehran.Iranian chief negotiator Mohammad Bagher Ghalibaf says Tehran plans to consider royalty fees after the 60-day window, and earlier talks between Iran and Oman discussed administrative charges, raising doubts about the agreement's durability.Oil markets reacted with
Brent and
West Texas Intermediate prices easing toward pre-war levels as ship traffic through the strait rose but remained below pre-war volumes, and analysts warn a reversal on tolls or inspections could destabilize markets.