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VP Vance says U.S. expects Strait of Hormuz to be open 'toll free' long term
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- Vice President JD Vance said Monday that he expects the U.S.-Iran deal will open the Strait of Hormuz without a toll system for the long term.
- Iranian state media has said Hormuz will open to toll free transits for a 60-day period.
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Vice President JD Vance said Monday that he expects the U.S.-Iran deal will open the Strait of Hormuz without a toll system for the long term.
"Our expectation is that the strait is going to be opened in a toll-free way for the long term, and that's the sort of thing that we're going to figure out in these technical negotiations," Vance told CNBC in an interview.
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