CoinFeed
U.S. Secretary of State says toll system in Strait of Hormuz not feasible - CoinFeed
Time 11:53

U.S. Secretary of State says toll system in Strait of Hormuz not feasible

June 25, 2026
CoinFeed News

CoinFeed June 25 news, U.S. Secretary of State Rubio said after meeting with Gulf Cooperation Council ministers, we had a very productive meeting. Gulf states expressed some serious concerns. Oman stated that they do not favor imposing a toll system in the Strait of Hormuz. Gulf states do not support at all imposing tolls in the strait. "Fee" and "toll" are the same thing. Setting up a toll system in Hormuz is not feasible. It is unclear whether the Iranian funds held by Qatar have been transferred, and the $300 billion reconstruction fund was not discussed at the GCC meeting. If negotiations with Iran do not yield results, Trump still has multiple options. The U.S. is closely monitoring the Israel-Lebanon situation. We hope Lebanon has a peaceful future, and an agreement of intent will be reached between the two countries soon.

Back to News Feed