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2026-07-15 19:06:13
[Trump's 24-Hour Twist: Hormuz Toll Proposal Fails, Shifts Focus to Gulf Investment for Security] ⑴ Within approximately 24 hours of announcing a 20% toll on shipping through the Strait of Hormuz, Trump swiftly withdrew the proposal, instead seeking trade and investment agreements with Gulf states. This policy reversal has drawn market attention. ⑵ The White House stated that the new plan stems from "efficient dialogue" with Middle Eastern leaders and will replace transit fees with large-scale Gulf state investment in the US, while maintaining pressure on Iranian shipping to ensure uninterrupted international passage. ⑶ The previous toll proposal drew widespread criticism due to the legal status of the Strait of Hormuz as an international waterway; experts generally believe that no country has the right to unilaterally impose such fees. ⑷ The adjusted strategy shifts the focus from toll collection to securing economic commitments from Gulf partners such as Saudi Arabia, the UAE, and Qatar. This move is reportedly closely related to recent consultations between the US and regional leaders. (5) Oil prices reacted mildly to the reversal, rising briefly in the morning before stabilizing, but the repeated policy changes themselves have added new uncertainties to shipping and energy trade in the world’s most important maritime chokepoint.
