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The Nexus
SECURITYJul 14 · 16:37 UTCSCMP CHINATeresa Elena Frontado

Trump scraps Hormuz toll plan but presses ahead with Iran blockade

US President Donald Trump scrapped a 20% toll on commercial cargo through the Strait of Hormuz and replaced it with trade and investment agreements with Gulf states, while continuing a naval blockade targeting Iranian trade.

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Donald TrumppersonStrait of HormuzplaceGulf statesorganizationIranplacetrade and investment agreementstopicnaval blockadetopic
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