U.S. President Trump reverses plan to charge 20% fee on cargo in Strait of Hormuz
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Donald Trump
Strait of Hormuz
July 14, 2026
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COMPAMIR Editorial Team
The COMPAMIR editorial team brings together public reporting and links to the original coverage. We update the page as new information emerges.
Read our editorial policy- Earlier version 27/15/2026, 8:30:55 AM
President Trump scrapped the plan to charge a 20% fee on vessels in the Strait of Hormuz. Gulf countries including Bahrain, Kuwait, and Saudi Arabia will invest in the U.S. instead.
- Earlier version 17/15/2026, 6:10:29 AM
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