Pressure from Gulf leaders prompted Trump to abandon proposed tolls.

The White House vows to charge all commercial ships passing through the Strait of Hormuz.

President Donald Trump on Monday reimposed a US naval blockade on Iran and vowed hefty fees for ships transiting the Strait of Hormuz. In Yemen, Iran-backed Houthi rebels attacked…

Pressure from Gulf leaders prompted Trump to abandon proposed tolls.

President Donald Trump's toll on shipping passing through the Strait of Hormuz is designed to increase international pressure on Iran.

Oil prices ease on gains after US President's reversal