Trump Declares Strait of Hormuz Open to All Except Iranian Ships, Gulf States to Sign Trade Deals
U.S. President Donald Trump announced that the Strait of Hormuz remains open to all maritime traffic except Iranian vessels, citing Iran's "deceptive, violent, and malicious leadership." He stated this decision follows consultations with Middle Eastern leaders. Additionally, Trump revealed that the 20% transit fee previously imposed on ships passing through the strait will be replaced by trade and investment agreements between the Gulf states and the United States. He emphasized that these forthcoming investments will be substantial and beneficial for the Gulf countries and their future prospects.
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