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International Business Times
International Business Times
Demian Bio

Trump Reportedly Considering Joint U.S.-Iran Venture To Charge Fees For Passage Through Strait Of Hormuz

President Donald Trump is considering a joint U.S. venture with Iran to charge vessels for safe passage through the Strait of Hormuz after the two countries announced a ceasefire, according to a new report.

ABC News' journalist Jonathan Karl said in a social media post that the potential agreement is a "way of securing" the key waterway, through which about 20% of the world's energy passes. "Also securing it from lots of people. It's a beautiful thing," he added.

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