The U.S. President said Gulf states offered 'billions and billions' in U.S. investments as an alternative, while fighting with Iran continued across the region

On Sunday, Iran's top negotiator Mohammad Bagher Ghalibaf posted on X, 'The era of one-sided deals is OVER. We told you: keep your word or pay the price. Reality is knocking'

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…

The US president’s proposed extortionate 20 per cent toll destroys what little credibility he had left.

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…

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.

The President said Middle East leaders had contacted him to rethink his toll idea.

Kuwait comes under renewed attack; oil prices rise about 2pc to one-month high

Trump drops his proposed 20% Strait of Hormuz shipping fee, opting for Gulf trade and investment deals while announcing a blockade on Iran-linked shipping.

Trump's controversial proposal to implement a 20% tax on goods through the Strait of Hormuz was withdrawn after Gulf backlash.

Donald Trump backs away from fee, says regional countries will instead invest in US in return for transit protection.

The U.S. President said Gulf states offered 'billions and billions' in U.S. investments as an alternative, while fighting with Iran continued across the region

Trump scrapped plans for a 20% Strait of Hormuz transit fee, opting instead to pursue trade and investment deals with Gulf states while maintaining the U.S. blockade on Iranian…