PoliticsTrump pivots from 20% Strait of Hormuz fee amid Iran war escalation

Donald Trump is backing away from a proposed 20 percent fee on transit through the Strait of Hormuz. He says countries in the region will instead invest in the United States. In return, they would receive protection for transit. The change comes as the war involving Iran escalates, linking the fee decision to broader regional security arrangements.

Donald TrumpIran warStrait of Hormuztransit protection

AAl Jazeera★★★★☆2026-07-14 18:26Original