According to Trump, he has received calls from representatives of various countries, including kings and emirs, who expressed concern over the proposed charge. He claimed many of them offered to commit "billions and billions of dollars" in investments in exchange for relief from the transit fee.
The Strait of Hormuz remains one of the world's most important maritime routes, serving as a key passage for a large share of global oil and natural gas exports. Any new fee or restriction affecting the waterway could have significant implications for international trade, energy supplies, and the global economy. Get The Full Story Here.
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