Trump says he’s considering ‘joint venture’ with Iran for Strait of Hormuz tolls
President Trump on Wednesday said he is considering the formation of a “joint venture” with Iran to set up tolls in the Strait of Hormuz after the Trump administration and Tehran agreed to a two-week ceasefire deal.
ABC News’s Jonathan Karl asked Trump if he approved of Iran’s plan to charge vessels a fee for passing through the strait — a key channel through which roughly 20 percent of the world’s oil is transported.
“We’re thinking of doing it as a joint venture,” the president told Karl, who shared Trump’s response on the social platform X. “It’s a way of securing it — also securing it from lots of other people. It’s a beautiful thing.”
Any “joint venture” was not part of Iran’s 10-point peace plan that the U.S. agreed to and the president previously called “workable.”
Earlier Wednesday, Trump wrote on Truth Social that there was “big money” to be made by the U.S. aiding in the “traffic buildup” in the Strait of Hormuz.
What happened to the regime change war objective?
ABC News’s Jonathan Karl asked Trump if he approved of Iran’s plan to charge vessels a fee for passing through the strait — a key channel through which roughly 20 percent of the world’s oil is transported.
“We’re thinking of doing it as a joint venture,” the president told Karl, who shared Trump’s response on the social platform X. “It’s a way of securing it — also securing it from lots of other people. It’s a beautiful thing.”
Any “joint venture” was not part of Iran’s 10-point peace plan that the U.S. agreed to and the president previously called “workable.”
Earlier Wednesday, Trump wrote on Truth Social that there was “big money” to be made by the U.S. aiding in the “traffic buildup” in the Strait of Hormuz.
What happened to the regime change war objective?

