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The Irish Times·4 min read·medium

US carries out further Iran strikes as Trump proposes 20% fee to guard Strait of Hormuz

E
Enas Alashray, Elwely Ewelly, Tala Ramadan, Katherine Jackson
US carries out further Iran strikes as Trump proposes 20% fee to guard Strait of Hormuz
AI Summary

US President Donald Trump has replaced a proposed 20% fee on shipping through the Strait of Hormuz with a plan for trade and investment deals with Gulf states. This follows a series of US-led strikes against Iran amid ongoing regional tensions that have disrupted global energy markets.

US ​president Donald Trump stepped back from a proposal to charge a 20 per cent fee to guard the Strait of Hormuz as part of the conflict with Iran , saying on Tuesday he would instead seek investment deals with Gulf states.

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