Middle East crisis live: agreement signed by US-Iran presidents; Tehran claims it will charge ships to transit strait of Hormuz
Memorandum of understanding signed off on Wednesday; Tehran will charge ships after the 60-day negotiation period has ended, says chief negotiator Analysis: Where does Iran deal leave US-Israel relationship? Trump also addressed media reports of a leaked US-Iran deal (see post at 11:57 ), denying claims it includes a $300bn reconstruction fund for Tehran. “We’re not putting up 10 cents,” he said. “We are not investing and we do not have a fund.” It’s not final. It’s a memorandum of understanding
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18.30 EDTIran says it will charge ships to transit strait of Hormuz after 60 daysMore on the strait of Hormuz: Iran is saying it will “not return to prewar conditions” and that Tehran will charge ships to transit the waterway after a 60-day toll-free period stipulated in the memorandum of understanding.Iranian foreign ministry spokesperson Esmail Baghaei reportedly said the issue of the strait would be the responsibility of Iran and Oman.Chief Iranian negotiator Mohammad Bagher Ghalibaf said on state television that the “strait of Hormuz will not return to prewar conditions”, adding: double quotation markIran has the right to sovereignty over the strait of Hormuz and of course we will receive a fee for services.
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