Trump said Middle Eastern leaders persuaded him to reduce the toll just a day after he announced it -- and added that he was against charging any fees for the key waterway.

The US president's comments came after US and Iranian attacks of a scale unseen since an April ceasefire in the conflict in the Middle East, adding to doubts about efforts to…

For shipping giant Hapag-Lloyd, it is "fundamentally wrong" to charge tolls for passage through international waters, regardless of the country in 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 president abandoned plans to charge fees for policing the Strait of Hormuz in lieu of inking new trade deals with Gulf states.