BREAKING: Iran says the US has agreed to permanently hand over the Strait of Hormuz to Iran under their full sovereign authority, with Iran collecting tolls called "service fees" from all commercial ships after a 60-day waiver period. The opening is planned for Friday, after the signing, per Fars.
With pre-war Hormuz traffic at 30,000 vessels and 7.6 billion barrels of oil per year, this could generate $10 billion in annual revenue for Iran, and comes on top of the $300 billion in reconstruction funds directly sent to Iran.
This also directly contradicts Trump's claim of a "toll free opening of the Strait of Hormuz" under no fees.