The extension of the ceasefire between the US and Iran for approximately two months did not prevent Scott Bessent from warning Iran about the tolls and transit fees it is attempting to impose on the Strait of Hormuz. The US Treasury Secretary emphasized the following: “The United States Government will not tolerate any effort to impose a tolling system in the Strait of Hormuz. Oman, in particular, should know that the U.S. Treasury will aggressively target any actors involved – directly or indirectly – in facilitating tolls for the Strait and penalties will be imposed on all willing collaborators. All states should completely reject all of Iran’s attempts to disrupt the free flow of trade. The days when Tehran terrorized the region and the world are over.”
The United States Government will not tolerate any effort to impose a tolling system in the Strait of Hormuz. Oman, in particular, should know that the U.S. Treasury will aggressively target any actors involved – directly or indirectly – in facilitating tolls for the Strait and…
— Treasury Secretary Scott Bessent (@SecScottBessent) May 28, 2026
