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Trump Drops Proposed 20% Hormuz Transit Fee, Opts For 'Gulf Deals' Instead As Strait Tensions Simmer

in5points
Trump dropped a proposed 20% fee on Strait of Hormuz shipping.
He opted for Gulf investment deals instead of the fee.
A full blockade on Iranian oil is maintained.
Trump praised US military presence amid falling maritime traffic.
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Right lean
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Arnab Goswami
Founded in 2017; known for opinion-forward prime time.
Wikipedia: Arnab Goswami