In a series of escalating statements, President Trump has threatened to impose tolls on U.S. ships passing through the Strait of Hormuz if a final deal with Iran is not reached within 60 days. He clarified that there would be no tolls during an initial ceasefire period, unless imposed by the United States as part of negotiations. Meanwhile, tensions rise as Iran asserts that it has closed the Strait, while U.S. officials deny these claims. The situation remains precarious as both nations prepare for renewed talks.