August 10, 2026
Why the Trump administration will have to accept a Hormuz toll
In the weeks since the U.S.-Iran Memorandum of Understanding collapsed, Washington and Tehran have used the time to strengthen their respective positions in the event negotiations resume.
For the United States, this has largely taken the form of overt threats by President Donald Trump himself and hints that an even more comprehensive U.S. bombing campaign against Iranian strategic targets is on the table. For Iran, the strategy is familiar: ensure maritime traffic through the Strait of Hormuz is kept to an absolute minimum.
U.S. and Iranian officials continue to give conflicting accounts of where negotiations stand. Despite Trump’s repeated declarations that Tehran is begging for a deal, the Iranians stress no talks are occurring with the United States. Still, both sides seem to agree that any pending agreement will center on the Strait of Hormuz, the strategic waterway that the Islamic Revolutionary Guard Corps has proved capable of shutting down at will.
Various schemes have been proposed between Iran and Oman, the two countries on either end of the strait. While a deal is not finalized, Iran will most certainly retain more power over the strait’s traffic than it did before the war began in February.
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