News of Bahrain
World24 June 20261 min read

Trump Denies Iran Shipping Tolls, Announces Food Aid

Trump has categorically denied reports that Iran is imposing tolls or insurance costs on vessels traveling through the Strait of Hormuz, labeling such claims as 'Fake News.' The President warned that if any eviden

Editorial Team Legacy

Published 24 June 2026, 8:00 · Updated 18:13

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Trump Denies Iran Shipping Tolls, Announces Food Aid

Email: online@newsofbahrain.com

Washington DC: President Donald J. Trump has categorically denied reports that Iran is imposing tolls or insurance costs on vessels traveling through the Strait of Hormuz, labeling such claims as ‘Fake News.’

The President warned that if any evidence emerges that Iran is seeking such charges, negotiations would be terminated immediately.

Addressing the status of Iranian assets, the President emphasized that no U.S. money has been provided or released to Iran. Instead, the administration plans to utilize Iranian funds currently controlled by the United States to purchase agricultural commodities, specifically corn, wheat, and soybeans from American farmers and ranchers. These goods will be provided as food aid to meet the urgent needs of the Iranian population.

Photo Caption: AFP

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