Trump pivots from 20 percent Strait of Hormuz fee amid Iran war escalation

Author: Al Jazeera StaffPublished on: July 14, 2026Country: United States

Politics

Trump pivots from 20 percent Strait of Hormuz fee amid Iran war escalation

US President Donald Trump has backed away from his plan to impose a 20 percent transit fee on vessels passing through the Strait of Hormuz, announced the day before. He stated that the fee would be replaced with trade and investment deals with Gulf states, following conversations with Middle Eastern leaders. Trump had originally described the fee as a reimbursement for security costs in the area, without detailing how the US would ensure safe passage. The reversal comes as fighting between the US and Iran continues to escalate.

Stay informed with NewsBoulevard

Get the latest news summaries delivered to your inbox

Related News

FCC warns MDAs against recruitment without approval

PoliticsNigeria

Chris Johnson•27m ago

FCC warns MDAs against recruitment without approval

The Federal Character Commission (FCC) has warned Ministries, Departments and Agencies (MDAs) against conducting recruitment, promotions or other personnel-related exercises without the Commission's involvement, warning violators risk sanctions. The warning was issued during an interactive meeting between the FCC Committee on Works, Transport and Aviation and the management of the Nigerian Railway Corporation (NRC) in Abuja. Committee Chairman Peter Eze said the Commission was shifting from a reactive to a proactive approach in enforcing the Federal Character Principle. NRC Managing Director Kayode Opeifa described the engagement as beneficial and reaffirmed the corporation's commitment to compliance.

Somalia stakeholders table three proposals to resolve political impasse

PoliticsSomalia

Abdulkadir Khalif•28m ago

Somalia stakeholders table three proposals to resolve political impasse

Somalia's key political stakeholders have tabled three proposals to resolve disputes over the president's tenure, parliament, and election mode. Former President Mohamed Abdullahi Farmaajo's team, led by former Foreign Minister Mohamed Abdirizak, met with international partners (US, UK, UN, EU, and Turkey) to advocate for a One-Person, One-Vote (OPOV) model. This model, first proposed in 2018, involves legislative elections through registered political organizations, with the largest movements becoming parties eligible for presidential elections.

NewsBoulevard

PoliticsSouth Africa

Sithandiwe Velaphi•28m ago

100 Eastern Cape officials face disciplinary action as Treasury withholds equitable share

The National Treasury has withheld the equitable share of funds for the Eastern Cape due to non-compliance issues. As a result, 100 provincial officials are facing disciplinary proceedings. This decision follows audits revealing financial irregularities in the management of public funds. The disciplinary measures could include suspensions or dismissals.

Stay Updated with NewsBoulevard

Subscribe to our newsletter for the latest news summaries delivered to your inbox

Learn more