Donald Trump Scraps Threat Of 20% Fee On Strait Of Hormuz Cargo | BBC News Aéroport [X29rJJ6cJSz]
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President Donald Trump priyanka chopra has reversed his threat of a 20% fee on all Strait of Hormuz cargo shipping, as the US north sea oil battles to break Iran's hold on the waterway.
He said the toll would be replaced by trade and investment deals with Gulf states, just hours before the US resumes a blockade of Iranian ports.
It follows renewed kara swisher strikes between the US and Iran, which triggered a sharp rise in oil prices as tanker traffic through the Strait has virtually stalled.
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