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

Iranian report: Explosions heard in southern coast of Bandar Abbas. Trump walks back Hormuz transit fee, Gulf countries come under attack. Kuwait says Iranian attacks targeted…

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

Oil prices ease on gains after US President's reversal