US President Donald Trump has raised the possibility of charging tolls on ships passing through the Strait of Hormuz, a critical passage for approximately 20% of the world's oil and liquefied natural gas. His comments came in response to a question about whether he would end military actions while Iran continues to impose tolls. Trump stated that he would prefer to charge tolls rather than allow Iran to control the strait. This proposal suggests that the US might need to establish military control over the area, which connects the Persian Gulf to the Indian Ocean. Trump also declared a 'victory' over Iran, asserting that the country has been militarily defeated, despite ongoing drone and missile attacks from Iran and its blockade of the strait. He issued a 'final' ultimatum to Iran, demanding the reopening of the strait and compliance with US terms, threatening military action against Iranian infrastructure if they do not comply. Reports indicate that Iran may already be charging tolls for passage, with Iranian officials calling for new arrangements to manage the strait post-war.