SECURITYJul 14 · 18:12 UTCDAWN[email protected] (Reuters)

Trump steps back from Hormuz fee plan; new strikes hit Iran

US President Donald Trump abandoned a 20% transit fee for the Strait of Hormuz amid conflict with Iran, opting for investment deals with Gulf states instead. Renewed US-Iran strikes, including attacks on Iranian islands and Jordanian bases, escalated tensions and disrupted global energy supplies.

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Donald TrumppersonUnited StatesplaceIranplaceGulf statestopicQeshm IslandplaceKish IslandplaceJordanplaceBahrainplace

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SECURITYJul 14 · 15:33 UTC
Trump backs away from plans to charge fees in the Strait of Hormuz as attacks intensify
SECURITYJul 13 · 23:07 UTC
U.S. launches new strikes on Iran while Tehran mocks Trump’s reversal on charging for Hormuz transits — ‘20% is of course too much. We will be fair’
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Trump scraps Hormuz toll plan but presses ahead with Iran blockade