Donald Trump has announced he has abandoned plans to impose a 20% toll on cargo ships in the Strait of Hormuz, a day after declaring a blockade on Iran. The former president, who shared the message on Truth Social, warned Iran it was on a 'path of total destruction' if it continued its current course.
U-turn on Blockade
Just 24 hours after announcing the US would enforce an Iranian blockade, Trump reversed course, stating the toll plan had been dropped. The Strait of Hormuz is a critical chokepoint for global oil shipments, and any disruption there could have major economic consequences.
Warning to Iran
In his statement, Trump cautioned Iran against further provocations, saying the country faced 'total destruction' if it did not change its behavior. The warning comes amid heightened tensions in the region, though no specific Iranian action was cited as the trigger for Trump's message.
