Jul 15, 2026

  • Add News

Trump reverses 20% fee on ships transiting Hormuz, replaces it with Gulf investments in US; what it means

US President Donald Trump on Tuesday withdrew his proposal to impose a 20% fee on ships passing through the Strait of Hormuz, saying the idea would be replaced with trade and investment agreements involving Gulf nations.

RSS News
India TV News

0 thoughts on “Trump reverses 20% fee on ships transiting Hormuz, replaces it with Gulf investments in US; what it means

Leave a Reply

Your email address will not be published. Required fields are marked *

We use cookies to ensure that we give you the best experience on our website. By continuing to browse our site we'll assume that you understand this. Learn more