The U.S. Vice President said further discussions remain necessary regarding the long-term toll-free opening of the Strait of Hormuz, while Iran emphasizes it will charge service fees rather than tolls.
On Monday, 15 Jun 2026 GMT+7, JD Vance, the U.S. Vice President, said that permanently opening the Strait of Hormuz without tolls will be discussed further in "technical negotiations," signaling that both sides have yet to reach a final agreement on this issue.
"Our expectation is that this strait will be open in a toll-free manner long term, and that is what we will seek to finalize in these technical talks," Vance told CNBC. "There are many important details still to be resolved, and we will sit down and work together to find ways to move forward on these specifics."
CNN reported, citing Iranian-related media sources, that Iranian authorities agreed to allow free passage through the strait for 60 days but intend to resume charging tolls afterward.
Vance also said that offering Iran the opportunity to rejoin the global economy is a "key bargaining chip" in the deal, serving as an incentive for Tehran to comply with its commitments not to develop or acquire nuclear weapons.
"We have told the Iranian people that you can access a sanctions-free economy and are welcome back to the global economy, but only if you adhere to the obligations in this agreement. That is the leverage and, at the same time, the enforcement mechanism for our agreement on their nuclear program," Vance said.
"This is a choice Iran must make: do they want access to the global economy? If so, they must abandon their long-term nuclear ambitions," Vance added.
Previously, Iran's Foreign Ministry spokesperson confirmed that the country has no plans to charge tolls in the Strait of Hormuz but will impose fees for services it provides, such as maritime pilotage, environmental protection, insurance possibilities, and other services.
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Source:cnn