Trump scraps threat of 20% fee on Hormuz cargo as US prepares to resume blockade of Iran ports - BBC

Trump scraps threat of 20% fee on Hormuz cargo as US prepares to resume blockade of Iran ports – BBC

July 14, 2026

Trump scraps threat of 20% fee on Hormuz cargo as US prepares to resume blockade of Iran ports BBCTrump drops threat of strait of Hormuz tolls, saying Gulf states agreed ‘massive’ US investment instead – Middle East crisis live The GuardianLive updates: Iran war news; US and Iran intensify conflict, with naval blockade set to resume CNNOil prices off highs after Trump abandons 20% protection fee on Strait of Hormuz traffic CNBC‘Will replace 20% Hormuz fee with … ‘: Trump says strait open for all but Iran The Times of India