WS #12061
Trump cancels proposed 20% fee on Strait of Hormuz shipments, replacing with trade deals with Gulf allies, de-escalating a key geopolitical risk.
Trump backtracks on Hormuz 20% fee, de-escalation signal
Trump cancels proposed 20% fee on Strait of Hormuz shipments, replacing with trade deals with Gulf allies, de-escalating a key geopolitical risk.