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Trump's Shocking U-Turn On Hormuz: 20% Toll Scrapped After Billion-Dollar Gulf Investment Deal
Posted
July 15, 2026
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922
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July 15, 2026
922
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3:13Now PlayingDonald Trump has dramatically reversed course on his proposed 20% Strait of Hormuz shipping toll, announcing that most commercial vessels will remain exempt after Gulf nations pledged billions of dollars in new US investments. While the toll plan has been dropped for most global shipping, the administration says pressure on Iran will continue, with Iran-linked vessels still facing strict restrictions and blockade measures. The policy shift comes as Washington deepens trade and energy ties with Gulf partners and Iraq, while maintaining a hard line on Tehran amid rising regional tensions. This breaking news update covers Trump's Hormuz policy reversal, Gulf investment talks, US-Iran developments, and what the decision could mean for global trade and Middle East geopolitics.
#trump #straitofhormuz #iran #usiranconflict #middleeast #breakingnews #worldnews #donaldtrump #geopolitics #gulfstates #shipping #oilmarkets #internationalnews #warupdate #latestnews #hormuz #iranwar #mirrornow
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