Earlier US President Donald Trump said he had abandoned plans to charge a 20% fee for ships transiting the Strait of Hormuz in favor of trade and investment agreements

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

Trump says Iranian ships and those trading with Iran will be barred, while other commercial traffic will pay a 20% transit fee.