Trump withdraws Hormuz tolls threat but says US will continue to blockade Iran
Donald Trump withdrew a planned 20% toll on ships passing through the Strait of Hormuz, citing productive discussions with Middle Eastern leaders, and instead proposed investment and trade deals with Gulf Arab states. The decision came just hours before the toll was set to take effect, amid ongoing US and Iranian airstrikes in the region. Despite the withdrawal of the toll, Trump confirmed that the US would maintain its blockade of Iranian ports.