Trump just proposed late on the 13th that a 20% fee be charged on goods passing through the Strait of Hormuz. Earlier this morning, he withdrew it.


He said Gulf states would replace the fee with a trade and investment agreement with the US. However, the relevant countries, amounts, and documents have not been disclosed.
With the fee withdrawn, the blockade has not been lifted.
At 4:00 a.m. Beijing time on July 15, the US maritime blockade of Iranian ports officially took effect. The intercepted targets are ships entering and leaving Iranian ports or transporting Iranian cargo; other merchant ships passing through the strait are not covered by the blockade.
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