Strait of Hormuz, Iran and Trump
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The US president says the planned levy will be replaced by trade and investment deals with various Gulf states.
U.S. and Iranian forces exchanged missile and drone attacks on Monday and clashed over control of the Strait of Hormuz, as Trump said the U.S. would be reimbursed 20% on all cargo shipped through the Strait of Hormuz.
The United States and Iran each are asserting they control the Strait of Hormuz after a weekend of attacks stretching across the wider Middle East.
Iran said it launched missiles and drones against U.S. military sites.
Sixth day of fighting threatens to turn into all-out war and casts serious doubt on peace deal struck last month
President Donald Trump on the new Air Force One while in flight from RAF Mildenhall AFB in the U.K. to Joint Base Andrews on July 8, 2026. © Photo by Win McNamee/
More than 30 people have been killed over “recent days,” Iranian government spokesperson Fatemeh Mohajerani said, without elaborating.
