![Hon. Festus Keyamo SAN arrives MMIA past 11:50 p.m. Feb 23 to lead oversight of Terminal 1 fire. Joined FAAN MD & team actively managing situation. Directed morning inspection Tuesday to guide restoration & confirm safety standards. Reaffirmed focus on passenger safety. Story: [link] #KeyamoMMIA #FireIncident #FAAN](https://fullcliphq.com/wp-content/uploads/2026/02/mym-150x150.jpg "MMIA Fire: Keyamo Inspects Lagos Airport After Terminal 1 Blaze Disrupts Flights")
President Donald Trump has claimed that Iran has formally assured the United States there will be no tolls, insurance costs, or any other charges imposed on ships passing through the Strait of Hormuz, a critical global oil shipping route.
In a post on his Truth Social platform, President Trump emphasised that any false information on this matter would immediately end ongoing negotiations. He also clarified that no money has yet been released to Iran, but the United States will release some of Iran’s frozen funds which remain under American control, specifically to enable the purchase of American agricultural products such as corn, wheat, and soybeans for Iran, where food supplies are critically needed.
The announcement appears to be part of efforts to de-escalate tensions and support broader diplomatic talks between the two countries, following recent high-level negotiations in Switzerland.
Trump wrote: “Iran has informed the U.S. that, despite troublemaking Fake News reporting to the contrary, there are ‘NO TOLLS, NO INSURANCE COSTS, & NO OTHER CHARGES OF ANY KIND BEING SOUGHT OR RECEIVED BY IRAN ON SHIPS TRAVELING THE STRAIT OF HORMUZ.’ If this is false information, negotiations would end, immediately!”
He added that the controlled release of funds would be used exclusively to buy food from American farmers and ranchers, describing it as a practical measure to address humanitarian needs in Iran.
Earlier talks in Switzerland produced what mediators described as “encouraging progress” on issues including shipping safety through the Strait of Hormuz and regional de-escalation.
Meanwhile, UN nuclear watchdog chief Rafael Grossi has said that IAEA inspectors would visit Iranian enrichment sites under a memorandum of understanding between Tehran and Washington.
The Strait of Hormuz is one of the world’s most important maritime chokepoints, through which a significant portion of global oil supplies passes. Any disruption or imposition of charges has historically raised concerns about energy prices and international trade.