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Donald Trump’s Hormuz Strait Claim Sparks Petrol Price Hopes

pakistan-news
Pakistan News Desk June 21, 2026
First Published 16 hours ago
🔴 Live Update 6 hours ago14 Updates by 9 sources

Donald Trump has made a bold and big claim regarding the Hormuz Strait. This statement, which includes the possibility of no tax in the Strait of Hormuz even after 60 days, has sparked hopes for cheaper petrol prices.

📍 Latest Updates

Updated: 12:33 PM PKT — June 21, 2026

Former US President Donald Trump has elaborated on his proposal regarding the Strait of Hormuz, stating on social media that no toll tax would be imposed in the waterway for 60 days during a ceasefire. He added that even after this period, no toll would be levied.

However, Trump specified that if any toll were to be implemented in the future, it would be imposed solely by the United States. The revenue generated from such a toll would be dedicated to funding security in the Middle East.

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