Trump abandons 20% Hormuz toll in favour of deal with Gulf states | The National
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Source: The National (UAE)
Published: 2026-07-15 02:23 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Energy, US Politics, Business & Economy
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Snippet:
President Donald Trump on Tuesday suggested investments from Gulf states into the US would compensate for protecting commercial shipping through the Strait of Hormuz, reversing a proposal to charge a 20 per cent toll on cargo shipped through the vital waterway.
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