US carries out further Iran strikes as Trump proposes 20% fee to guard Strait of Hormuz
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.
Why it matters
The shift in policy reflects the complex balance between military posturing and economic diplomacy in the volatile Middle East energy corridor.
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.
The article provides a factual account of policy shifts and market reactions, citing both government actions and analyst perspectives.
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