Breaking news: President Trump said that the U.S. is pivoting away from an earlier threat of a “reimbursement fee” for ships going through the Strait of Hormuz while also narrowing

Breaking news: President Trump said that the U.S. is pivoting away from an earlier threat of a “reimbursement fee” for ships going through the Strait of Hormuz while also narrowing his plans for a blockade of Iranian vessels transiting the waterway. Link Oil prices jump after Trump’s threats on Strait of Hormuz The two sides traded more strikes as a U.S.