Trump abandoned his proposed 20% Strait of Hormuz toll in 26 hours after diplomatic pushback, raising volatility concerns across oil and crypto markets.

Trump announces toll for Hormuz: US President Donald Trump said on Monday that the US is “reinstating” a blockade on Iran in the Strait of Hormuz. Not only that, Trump also…

Donald Trump’s plan to charge ships to use the strait would be a marked departure from the US’ previous insistence that passage through the crucial waterway should be free and…

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

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