The United States says a framework agreement with Iran will allow ships to transit the Strait of Hormuz without paying tolls during an interim period. Multiple reports say U.S. officials describe the arrangement as “toll-free” and link any economic benefits for Iran to Tehran meeting its commitments. The U.S. side also points to the possibility of up to $300 billion for Iran reconstruction, with release conditions described as “tied to performance,” rather than automatically granted.

At the same time, some reporting indicates Iran distinguishes “tolls” from maritime service fees. France 24 reports Iran’s foreign ministry says the deal would permit Tehran to charge maritime service fees for transit, rather than imposing “tolls,” reflecting differing interpretations of terminology.

Separately, U.S. reporting also describes an early economic step tied to sanctions relief: the Treasury Department issues a 60-day license allowing Iran to sell oil in U.S. dollars, supporting dollar-denominated trade. The interim framework is presented as a first stage, with negotiations continuing toward a broader, final agreement that is expected to address longer-term issues such as Iran’s nuclear program and inspections.