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Trump Drops Hormuz Fee as US Strikes on Iran Continue

Posted

July 15, 2026

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US President Donald Trump backed away from his plan to impose a 20% charge on cargo shipments through the Strait of Hormuz, but resumed its blockade on Iranian shipping. Meanwhile, US Central Command said it completed a seven-hour wave of strikes against dozens of targets near the strait and along Iran’s coast. Bloomberg's Abeer Abu Omar reports.

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US President Donald TrumpMeanwhile US Central CommandBloomberg's Abeer Abu OmarMarkets LikeBloomberg MarketsFinance VisitX Facebook Instagram ConnectBloomberg Business

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