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 a 20% fee to guard the Strait of Hormuz as part of the conflict with Iran, saying on Tuesday he would instead seek investment deals with Gulf states.U.S. forces had carried out waves of attacks for the third night in a row after Tehran said it had closed the strait, prompting Trump on Monday to reinstate a blockade of Iranian shipping and propose the fee.

ALBAWABA- U.S. President Donald Trump announced on Monday a sweeping new policy for the Strait of Hormuz, declaring that the United States will assume t

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 Donald Trump announced the reinstatement of what he called an 'Iranian blockade' and proposed a 20% fee on cargo passing through the Strait of Hormuz in exchange for…

Trump declared the US would collect a 20% fee on all Hormuz cargo as "Guardian of the Strait," flipping the script on Iran's own toll demands, while US forces struck dozens of…

By Elwely Elwelly, Tala Ramadan and Katharine JacksonDUBAI/WASHINGTON, July 13 (Reuters) - President Donald Trump said on Monday the United States was reinstating its blockade of…

Trump reinstates the US blockade in the Strait of Hormuz and proposes a 20% cargo fee, escalating tensions with Iran and raising concerns over oil supplies.

US President Donald Trump declared the return of a naval blockade on Iranian ports on Monday, saying Washington would impose hefty fees on ships transiting the Strait of Hormuz as…

July 14 (Reuters) - President Donald Trump said on Monday that the United States would charge 20% on cargoes for use of the Strait of Hormuz after a ceasefire with Iran broke down…

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.

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…

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.