Iran Seeks 5%-7% Strait of Hormuz Toll, Oman Backs 3% as Officials Deny Trump Deal Is Imminent: Report (UPDATED)

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Editor’s note: The story has been update to include a comment from a White House spokesperson.

Iran has reportedly sought to charge ships a transit fee equal to 5% to 7% of the value of their cargo transiting the Strait of Hormuz as a toll amid uncertainty over a possible deal between Washington and Tehran.