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Trump Walks Back Plan to Charge Tolls in Strait of Hormuz

Just a day after announcing that the US would charge a 20% security fee for ships transiting the Strait of Hormuz, President Donald Trump reversed his decision under pressure from US allies. On Monday, Trump asserted that the Strait would remain open to non-Iranian traffic, and the US would protect shipping. “The U.S.A. will be, […]

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