West Asia war updates: Trump backs away from Strait of Hormuz tolls, calls for trade deals with Gulf countries
U.S. President Donald Trump announced that trade and investment deals with Gulf states will replace his previously proposed 20% fee for ships passing through the Strait of Hormuz. This shift comes amid rising tensions in the region, as Trump emphasized that the strait remains open to all ship traffic except for Iran. The new approach aims to strengthen economic ties with Gulf nations while addressing security concerns.