US President Donald Trump said Iran wouldn't be 'charging' for the use of the Strait of Hormuz – and that he wouldn't let them 'take charge' – as he spoke from the White House in DC on Monday.

Various world leaders voiced support for the U.S.-Iran peace deal announced by President Donald Trump on Sunday.

The peace deal is raising hopes of lower energy prices and greater stability across the Middle East after months of conflict.

Iran has indicated its readiness to assist Namibia in meeting its fuel needs, should a request be made, while maintaining that the Strait of Hormuz remains accessible to friendly nations.

Bahraini Foreign Minister Abdullatif bin Rashid Al Zayani said Bahrain had submitted a draft U.N. Security Council resolution to protect freedom of navigation in the Strait of Hormuz, as Manama pushed its efforts to safeguard shipping in the strategic waterway.