Trump Shifts Hormuz Strait Policy to Trade Agreements, Reverses Toll Plan on July 14

According to CCTV News, on July 14, President Trump decided to replace the previously announced Hormuz Strait toll plan with trade and investment agreements to be negotiated with Gulf states. U.S. officials disclosed that numerous aides and Middle Eastern allies conducted a 24-hour push to persuade Trump to abandon the toll initiative.
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