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Trump drops his Strait of Hormuz shipping fee. The Iran blockade is still on

The president scrapped the toll one day after announcing it, citing investment pledges from Gulf states. He offered no further details

Trump drops his Strait of Hormuz shipping fee. The Iran blockade is still on

Published July 14, 2026 · Category: Markets

Overview

The president scrapped the toll one day after announcing it, citing investment pledges from Gulf states. He offered no further details

Source

Originally published at qz.com.

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