Oil prices ease on gains after US President's reversal

Trump announces toll for Hormuz: US President Donald Trump said on Monday that the US is “reinstating” a blockade on Iran in the Strait of Hormuz. Not only that, Trump also…

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleDonald Trump announced the US would impose a…

Donald Trump’s plan to charge ships to use the strait would be a marked departure from the US’ previous insistence that passage through the crucial waterway should be free and…

President Trump has reiterated the US blockade of Iranian ports and has made a u-turn on his 20-percent tariff.

US President's proposal faces legal questions, unclear enforcement rules and resistance from regional states

President Donald Trump said Monday that the United States would impose a 20% charge on cargo shipments using the Strait of Hormuz after a cease-fire with...

U.S. President Donald Trump reversed Tuesday his plans to charge a 20% toll on all cargo going through the Strait of Hormuz as part of the conflict...

US President Trump announced Gulf nations will invest in the United States. This replaces a proposed fee for shipping through the Strait of Hormuz. Massive investments will boost…

By Enas Alashray, Elwely Elwelly, Tala Ramadan and Katharine JacksonCAIRO/DUBAI/WASHINGTON, July 14 (Reuters) - U.S. President Donald Trump stepped back from a proposal to charge…

President Donald Trump on Tuesday reversed course on his earlier proposal for the US to levy a 20% fee on all cargo flowing through the Strait of Hormuz

The US president has decided to replace the 20% United States Reimbursement Fee with Trade and Investment Deals that the various Gulf States will be making into the United States

The president abandoned plans to charge fees for policing the Strait of Hormuz in lieu of inking new trade deals with Gulf states.

Donald Trump had proposed a 20 per cent fee on cargo passing through the waterway, but said he would instead seek investment deals with Gulf states.

Trump retracts 20% toll demand for Strait of Hormuz passage. Fees by July 31, 2026 at 4.4% YES.

US president Donald Trump on Tuesday said the United States would not proceed with its proposed 20 per cent toll on cargo transiting the Strait of Hormuz. He announced that…

President Donald Trump's toll on shipping passing through the Strait of Hormuz is designed to increase international pressure on Iran.

WASHINGTON: US President Donald Trump on Tuesday abandoned plans to impose a 20 percent fee on vessels using the Strait of Hormuz, saying he would instead pursue investment…

Oil prices ease on gains after US President's reversal

United States President Donald Trump stepped back from a proposal to charge a 20 percent fee to guard the Strait of Hormuz as part of the conflict with Iran, saying he would…

In latest flip-flop, US president says Gulf investment deals will replace shipping fee, while restoring blockade targeting Iranian trade.