Trump walked back the 20% Strait of Hormuz toll within a day, but oil still jumped $16 a barrel and crypto markets lost $20B. What it means for investors.

Trump plans U.S. control of the Strait of Hormuz and a 20% cargo fee. Traffic normalization by August 31 at 15.5% YES.

The US will charge a 20% fee on all cargo shipped through the Strait of Hormuz, as announced by President Trump to ensure safety in the volatile region.