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    Home»Trending News»Trump steps back from proposal for Hormuz fees in favour of Gulf investment deals
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    Trump steps back from proposal for Hormuz fees in favour of Gulf investment deals

    Ironside NewsBy Ironside NewsJuly 14, 2026No Comments1 Min Read
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    Iran had hit again by attacking a US Military base in Jordan with ballistic missiles whereas Bahrain, which hosts a US naval base, mentioned it had fended off an Iranian aerial assault. Jordan mentioned it had shot down 4 ballistic missiles and explosions have been heard in Manama, Bahrain’s capital.

    Earlier than the conflict, a couple of fifth of worldwide oil and gasoline visitors handed via Hormuz each day. If the US have been to impose a 20 per cent price, it may generate round US$240 million a day.

    The UN delivery company mentioned it opposed any charges for straits utilized in worldwide navigation and that there was no authorized foundation for introducing necessary tolls on strait transits.



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