Trump’s Hormuz toll U-turn reveals Gulf allies’ growing sway over US Iran strategy and the high stakes for global oil trade and freedom of navigation.

Commentary: The 20% fee on cargo passing under US protection aims to squeeze Iran’s Revolutionary Guard and punish those who shunned Washington, but the fighting masks a deeper…

Pressure from Gulf leaders prompted Trump to abandon proposed tolls.

The president abandoned plans to charge fees for policing the Strait of Hormuz in lieu of inking new trade deals with Gulf states.

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