Trump Drops 20% Hormuz Toll, Demands Gulf State Investments Instead

💰 HORMUZ TOLL — The fee dies before it was ever collected. 📌 LOOK CLOSER: Abandoning the 20% toll removes the one mechanism that gave the blockade an economic logic — now Washington trades gatekeeping for bilateral deals with Riyadh and Abu Dhabi. Gulf states pay in contracts, not tariffs. Asian importers escape the toll but gain nothing on transit certainty. Iran's parliament is still legislating a fee Washington just quietly walked back.