Trump Drops Hormuz Fee as US Strikes on Iran Continue
US President Donald Trump backed away from his plan to impose a 20% charge on cargo shipments through the Strait of Hormuz, but resumed its
US President Donald Trump backed away from his plan to impose a 20% charge on cargo shipments through the Strait of Hormuz, but resumed its blockade on Iranian shipping. Meanwhile, US Central Command said it completed a seven-hour wave of strikes against dozens of targets near the strait and along Iran’s coast.
Bloomberg's Abeer Abu Omar reports. More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from
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