US President Trump drops 20% Strait of Hormuz fee plan
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US President Trump drops 20% Strait of Hormuz fee planNewsFeedUS President Donald Trump says he has abandoned his proposed 20% fee on cargo transiting the Strait of Hormuz.
Trump suggested Gulf leaders offered ‘billions of dollars’ in investment and trade deals with the United States instead.
NewsFeedUS President Donald Trump says the US should be paid by ‘rich’ oil-producing Gulf nations to secure the Strait of Hormuz from Iran.
Confirmed
US President Trump drops 20% Strait of Hormuz fee planNewsFeedUS President Donald Trump says he has abandoned his proposed 20% fee on cargo transiting the Strait of Hormuz.
NewsFeedUS President Donald Trump says the US should be paid by ‘rich’ oil-producing Gulf nations to secure the Strait of Hormuz from Iran.
Unverified
Trump suggested Gulf leaders offered ‘billions of dollars’ in investment and trade deals with the United States instead.